Graham (GHM) Q3 Earnings Top Estimates

Core Insights - Graham (GHM) reported quarterly earnings of $0.18 per share, exceeding the Zacks Consensus Estimate of $0.13 per share, and showing a significant increase from $0.02 per share a year ago, resulting in an earnings surprise of 38.46% [1] - The company posted revenues of $47.04 million for the quarter ended December 2024, which was 2.01% below the Zacks Consensus Estimate, but an increase from $43.82 million year-over-year [2] - Graham has surpassed consensus EPS estimates three times over the last four quarters, while it has only topped revenue estimates once in the same period [2] Earnings Outlook - The sustainability of Graham's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.26 on revenues of $56 million, and for the current fiscal year, it is $1.03 on revenues of $207.51 million [7] Industry Context - The Manufacturing - General Industrial industry, to which Graham belongs, is currently ranked in the bottom 39% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5][6]