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Update: Gorman-Rupp Shares Rise After Q3 Beat

Update: Gorman-Rupp Shares Rise After Q3 Beat

MT newswireMT newswire2026/10/23 19:32
03:32 PM EDT, 10/23/2026 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.) Gorman-Rupp (GRC) shares rose 5.6% in Friday afternoon trading after the company reported Q3 adjusted earnings and sales above analysts' estimates. The company reported Q3 adjusted earnings Friday of $0.86 per share, up from $0.52 a year earlier. Four analysts polled by FactSet expected $0.70. Net sales for the quarter ended Sept. 30 were $193.3 million, compared with $172.8 million a year earlier. Analysts expected $181.6 million. Price: 74.07, Change: +3.94, Percent Change: +5.62
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