Gorman-Rupp (GRC) Reports Q2 EPS of $0.27

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Go back to Gorman-Rupp (GRC) Reports Q2 EPS of $0.27

Gorman-Rupp Reports Second Quarter 2021 Financial Results

July 23, 2021 6:40 AM EDT

MANSFIELD, Ohio--(BUSINESS WIRE)-- The Gorman-Rupp Company (NYSE: GRC) reports financial results for the second quarter and six months ended June 30, 2021.

Second Quarter 2021 Highlights

Second quarter earnings per share were $0.27 compared to $0.22 per share for the second quarter of 2020 Second quarter results included a non-cash pension settlement charge of $0.05 per share in 2021 and $0.06 per share in 2020 Net sales increased 8.4% or $7.2 million compared to the second quarter of 2020 and increased 4.5% compared to the first quarter of 2021 Incoming orders increased 46.6%... More