Gorman-Rupp (GRC) Reports Q4 EPS of $0.25
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Gorman-Rupp Reports Fourth Quarter and Full-Year 2021 Financial Results
February 4, 2022 6:30 AM ESTMANSFIELD, Ohio--(BUSINESS WIRE)-- The Gorman-Rupp Company (NYSE: GRC) reports financial results for the fourth quarter and year ended December 31, 2021.
Fourth Quarter 2021 Highlights
Fourth quarter earnings per share were $0.25 compared to $0.26 per share for the fourth quarter of 2020 2021 results included an unfavorable LIFO impact of $0.08 per share Results included non-cash pension settlement charges of $0.01 per share in both 2021 and 2020 Net sales of $94.2 million increased 14.1% compared to the fourth quarter of 2020 Incoming orders of $124.1 million increased 33.0%... More