Graham (GHM) Scheduled to Post Earnings on Friday

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

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

Graham Stock Up 2.4 %

Shares of Graham stock opened at $28.99 on Wednesday. Graham has a 52 week low of $15.62 and a 52 week high of $34.72. The business’s fifty day simple moving average is $29.85 and its 200-day simple moving average is $29.36. The firm has a market cap of $315.70 million, a PE ratio of 63.89 and a beta of 0.56.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Graham from a “hold” rating to a “buy” rating in a report 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.