Gorman-Rupp (NYSE:GRC) manufactures and sells pumps globally. missed Wall Street’s revenue expectations in Q1 CY2025 as sales rose 2.9% year on year to $163.9 million. Its GAAP profit of $0.46 per share was 4.5% above analysts’ consensus estimates.
A number of stocks fell in the afternoon session after stocks gave back some of the gains from the previous day as the White House clarified the tariffs on imports from China would add up to 145%, while the baseline 10% tariffs remained in place for most countries. This reminded markets that the global trade environment remained volatile, limiting the potential for sustained gains.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the gas and liquid handling industry, including Gorman-Rupp (NYSE:GRC) and its peers.
Although the S&P 500 is down 1.6% over the past six months, Gorman-Rupp’s stock price has fallen further to $35.58, losing shareholders 8.9% of their capital. This was partly due to its softer quarterly results and might have investors contemplating their next move.
Gorman-Rupp (NYSE:GRC) manufactures and sells pumps globally. met Wall Street’s revenue expectations in Q4 CY2024, with sales up 1.3% year on year to $162.7 million. Its non-GAAP profit of $0.42 per share was 6.7% below analysts’ consensus estimates.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the gas and liquid handling industry, including Standex (NYSE:SXI) and its peers.
Looking back on gas and liquid handling stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including CECO (NASDAQ:CECO) and its peers.
Gorman-Rupp has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 5.5% to $37.86 per share while the index has gained 7.8%.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how gas and liquid handling stocks fared in Q3, starting with Gorman-Rupp (NYSE:GRC).
Gorman-Rupp (NYSE:GRC) manufactures and sells pumps globally. fell short of the market’s revenue expectations in Q3 CY2024, with sales flat year on year at $168.2 million. Its GAAP profit of $0.49 per share was also 5.8% below analysts’ consensus estimates.
Investors eagerly anticipate the dividend payout from Kennametal (NYSE:KMT) on February 27, 2024. With a payout of $0.20 per share and an annualized dividend yield of 3.16%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on February 12, 2024
