Graham Corp. (GHM) Misses Q4 EPS by 7c

Graham Corp. (NYSE: GHM) reported Q4 EPS of $0.23, $0.07 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $26.1 million versus the consensus estimate of $29.4 million.

Orders during the fourth quarter of fiscal 2014 were $23.5 million, down 9.3% from $25.9 million in orders during the prior-year period and comparable with the trailing third quarter. Compared with the prior-year period, power, chemical/petrochemical industry and other commercial and industrial markets each had higher order levels, while orders for the refining industry were down.

During the fourth quarter of fiscal 2014, orders of $14.7 million, or 63%, were from U.S. customers, while orders from international markets accounted for $8.8 million of total orders.

Graham Corp. sees FY2015 revenue of $120-130 million, versus the consensus of $125.4 million.

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

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