Graham Corp Reveals 260% Increase In Q4 Earnings

(RTTNews) - Graham Corp (GHM) revealed a profit for its fourth quarter that climbed compared to the same period last year.

The company said its bottom line rose to $1.8 million, or $0.18 per share. This was higher than $0.5 million, or $0.05 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.06 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 14.8% to $25.6 million. This was up from $22.3 million last year.

Graham Corp earnings at a glance:

-Earnings (Q4): $1.8 Mln. vs. $0.5 Mln. last year. -Earnings Growth (Y-o-Y): 260.0% -EPS (Q4): $0.18 vs. $0.05 last year. -EPS Growth (Y-o-Y): 260.0% -Analysts Estimate: $0.06 -Revenue (Q4): $25.6 Mln vs. $22.3 Mln last year. -Revenue Change (Y-o-Y): 14.8%