Gorman-Rupp Q3 Adj $0.49 Misses $0.55 Estimate, Sales $168.18M Miss $172.40M Estimate

Gorman-Rupp (NYSE:GRC) reported quarterly earnings of $0.49 per share which missed the analyst consensus estimate of $0.55 by 10.91 percent. This is a 44.12 percent increase over earnings of $0.34 per share from the same period last year. The company reported quarterly sales of $168.18 million which missed the analyst consensus estimate of $172.40 million by 2.45 percent. This is a 0.43 percent increase over sales of $167.46 million the same period last year.