Gorman-Rupp (AMEX: GRC) reported earnings on Feb. 8. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Gorman-Rupp missed estimates on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share dropped significantly.
Gross margins grew, operating margins dropped, net margins dropped.
Gorman-Rupp reported revenue of $88.7 million. The four analysts polled by S&P Capital IQ predicted sales of $91.5 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.26. The four earnings estimates compiled by S&P Capital IQ predicted $0.32 per share. GAAP EPS of $0.17 for Q4 were 29% lower than the prior-year quarter's $0.24 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 21.3%, 10 basis points better than the prior-year quarter. Operating margin was 6.0%, 190 basis points worse than the prior-year quarter. Net margin was 4.2%, 130 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $95.8 million. On the bottom line, the average EPS estimate is $0.38.
Next year's average estimate for revenue is $386.0 million. The average EPS estimate is $1.53.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 294 members out of 307 rating the stock outperform, and 13 members rating it underperform. Among 64 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 62 give Gorman-Rupp a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Gorman-Rupp is outperform, with an average price target of $32.00.
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