Gorman-Rupp jumps as quarterly profit tops estimates

By Reuters News

** Shares of water-pump maker Gorman-Rupp GRC.N rise nearly 6% to $74.22 premarket

** Co Q3 revenue beats analysts' avg est, per LSEG-compiled data

** Revenue up nearly 12% y/y, with sales growth across all markets, led by agriculture and fire suppression

** Q3 adj EPS of $0.86 beats est of $0.70; compares with $0.52 a year ago

** Q3 adj EBITDA up about 30% y/y

** Gross margin rises to 33.4% from 29.2%; operating margin at 17.5% vs 12.4% a year ago

** Co's backlog at $236.8 mln at end-Sept vs $234.2 mln a year earlier

** Total debt down $58 mln in first nine months of 2026

** As of last close, stock up about 47% YTD

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk