Gorman-Rupp (GRC) Repoorts Q4 EPS of 32c

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Go back to Gorman-Rupp (GRC) Repoorts Q4 EPS of 32c

Gorman-Rupp Reports Fourth Quarter and Full-Year 2019 Financial Results

February 7, 2020 6:30 AM EST

MANSFIELD, Ohio--(BUSINESS WIRE)-- The Gorman-Rupp Company (NYSE: GRC) reports financial results for the fourth quarter and year ended December 31, 2019.

Fourth Quarter 2019 Highlights

Fourth quarter earnings per share were $0.32 compared to $0.36 per share for the fourth quarter of 2018 Fourth quarter of 2019 included a favorable LIFO impact of $0.04 per share Fourth quarter of 2018 included a special cash bonus paid to all employees of $0.04 per share and an unfavorable LIFO impact of $0.03 per share Net sales decreased 9.0% or $9.3... More