secwatch.observer — SEC 8-K summary
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Issuer:     GORMAN RUPP CO (GRC)
CIK:        0000042682
Form:       8-K
Filed at:   2022-02-04T23:59:59+00:00
Accession:  0001157523-22-000150
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gorman-Rupp Q4 EPS $0.25 vs $0.26; sales up 14%; backlog surges 64% to $186M
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- Q4 EPS $0.25 (incl. $0.08 unfavorable LIFO) vs $0.26; net sales $94.2M, +14.1% YoY.
- Incoming orders $124.1M up 33% YoY; backlog $186.0M up 64.4% from prior year.
- Full-year EPS $1.14 vs $0.97; revenue $378.3M, +8.4% YoY.
- Gross margin fell 210bps to 23.7% on material cost inflation and LIFO impact.
- FY2022 capex planned $15-$20M; effective tax rate expected 20%-22%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/42682/000115752322000150/0001157523-22-000150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/42682/000115752322000150/a52574042.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000150

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