Graham Corporation (NYSE:GHM) is reporting second quarter earnings results on Wednesday 28th October 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.07 per share from $ 23.13 million in revenue.
For the full year, analysts predict revenues of $ 91.30 million, while looking forward to income of $ 0.17 per share.
The Company Outlook
Full Year 2021 topline are forecasted in a range of$ 90.00 million ~ $ 95.00 million
Click Here For More Historical Outlooks Of Graham Corporation
Previous Quarter Performance
Graham Corporation announced loss for the first quarter of $ 0.18 per share, from the revenue of $ 16.71 million. The quarterly revenues contracted 30.52 percent compared with the same quarter last year. Wall street analysts are predicting, GHM to report 1Q21 loss of $ 0.12 per share from revenue of $ 14.16 million. The bottom line results missed street analysts by $ 0.06 or 50 percent, at the same time, top line results outshined analysts by $ 2.55 million or 18.01 percent.
Stock Performance
Shares of Graham Corporation traded low $ -0.17 or -1.27 percent on Tuesday, reaching $ 13.25 with volume of 7.70 thousand shares. Graham Corporation has traded high as $ 13.34 and has cracked $ 13.15 on the downward trend
According to the previous trading day, closing price of $ 13.25, representing a 29.54 % increase from the 52 week low of $ 10.36 and a 43.54 % decrease over the 52 week high of $ 23.77.
The company has a market capital of $ 132.19 million and is part of the Industrials sector and Metal Fabrication industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.11 per share on August 11, 2020. The dividend were payable on August 31, 2020 to holders of record as of the close of business on August 21, 2020 and ex-dividend date on August 20, 2020.
Conference Call
Graham Corporation will be hosting a conference call at 11:00 AM eastern time on 28th October 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.graham-mfg.com
Graham Corporation, together with its subsidiaries, designs, manufactures, and supplies vacuum and heat transfer equipment for the chemical, defense, petrochemical, petroleum refining, electric power generation, and other industries worldwide. It offers heat transfer equipment, including surface condensers, heliflows, water heaters, and various types of heat exchangers, as well as custom-engineered ejectors; and vacuum equipment, such as steam jet ejector vacuum systems and liquid ring vacuum pumps. The company also services and sells spare parts for its equipment.
