Gorman-Rupp (GRC) Tops Q2 Earnings Estimates

Gorman-Rupp (GRC) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of$0.44 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the ...