Earnings Preview For Gorman-Rupp
Portfolio Pulse from Benzinga Insights
Gorman-Rupp (NYSE:GRC) is set to release its latest quarterly earnings report on July 28, 2023. Analysts estimate an earnings per share (EPS) of $0.27. The company's past performance shows a pattern of share price drops following earnings beats. The stock is currently trading at $27.99, down 9.14% over the last 52-week period.
July 27, 2023 | 4:02 pm
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Gorman-Rupp is expected to report an EPS of $0.27. The company's stock has a history of falling after earnings beats. The stock is currently down 9.14% over the last 52 weeks.
The company's stock has a history of falling after earnings beats, which could indicate investor skepticism about the company's ability to sustain its performance. The stock's negative return over the past year also suggests a bearish sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100