Graham (GHM) Tops Q3 EPS by 2c, Slight Beat on Revenues; FY18 Revenue Guidance Slightly Below Consensus

Graham (NYSE: GHM) reported Q3 EPS of $0.00, $0.02 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $17 million versus the consensus estimate of $16.22 million.

• Third quarter orders of $40 million, backlog increased to $96 million
• Diluted loss per share of $1.19, included non-cash impairment charges
• Third quarter revenue of $17 million, adjusted earnings per share were breakeven
• Fiscal 2018 revenue guidance narrowed to approximately $75 million

GUIDANCE:

Graham sees Q4 2018 revenue of $75 million, versus the consensus of $75.12 million.

For earnings history and earnings-related data on Graham (GHM) click here.

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