Gorman-Rupp (GRC) Reports Q4 EPS of $0.31

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Go back to Gorman-Rupp (GRC) Reports Q4 EPS of $0.31

Gorman-Rupp Reports Fourth Quarter and Full-Year 2017 Financial Results

February 9, 2018 6:15 AM EST

MANSFIELD, Ohio--(BUSINESS WIRE)-- The Gorman-Rupp Company (NYSE: GRC) reports financial results for the fourth quarter and year ended December 31, 2017.

Fourth Quarter 2017 Highlights

Current quarter earnings per share were $0.31 compared to $0.19 per share for the fourth quarter of 2016 Fourth quarter of 2016 included a non-cash impairment charge of $0.05 per share Net sales increased 0.8% or $0.7 million. Excluding the PCCP project, net sales increased 1.3% or $1.2 million Incoming orders increased 6%... More