Graham Corp Q4 adjusted earnings Beat Estimates

(RTTNews) - Graham Corp (GHM) announced earnings for fourth quarter that decreased from the same period last year.

The company's earnings came in at $0.8 million, or $0.09 per share. This compares with $1.8 million, or $0.18 per share, in last year's fourth quarter.

Excluding items, Graham Corp reported adjusted earnings of $0.6 million or $0.07 per share for the period.

Analysts had expected the company to earn $0.01 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 13.3% to $22.2 million from $25.6 million last year.

Graham Corp earnings at a glance:

-Analysts Estimate: $0.01 -Revenue (Q4): $22.2 Mln vs. $25.6 Mln last year.