Graham (GHM) to Release Quarterly Earnings on Friday

Graham (NYSE:GHM) will be issuing its quarterly earnings data before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of $0.18 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Graham (NYSE:GHM) last released its quarterly earnings data on Wednesday, August 7th. The industrial products company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.15. The company had revenue of $49.95 million during the quarter, compared to analysts’ expectations of $50.00 million. Graham had a return on equity of 5.26% and a net margin of 2.60%. During the same period last year, the firm posted $0.25 earnings per share. On average, analysts expect Graham to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Graham Price Performance

Shares of GHM opened at $32.47 on Thursday. The company’s 50-day moving average is $29.79 and its 200-day moving average is $29.36. The firm has a market capitalization of $353.60 million, a PE ratio of 71.53 and a beta of 0.56. Graham has a fifty-two week low of $15.62 and a fifty-two week high of $34.72.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Graham from a “hold” rating to a “buy” rating in a research note on Thursday, September 5th.

About Graham

Graham Corporation, together with its subsidiaries, designs and manufactures fluid, power, heat transfer, and vacuum equipment for chemical and petrochemical processing, defense, space, petroleum refining, cryogenic, energy, and other industries. It offers power plant systems, including ejectors and surface condensers; torpedo ejection, propulsion, and power systems, such as turbines, alternators, regulators, pumps, and blowers; and thermal management systems comprising pumps, blowers, and drive electronics for defense sector.