NYSE$GHM
Graham Corp · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Graham Corporation experienced sales growth and improved profitability in the second quarter of fiscal 2024.
Graham Corporation reported an 18% increase in sales for the second quarter of fiscal 2024, driven by a 69% increase in defense market revenue. The company achieved net income of $0.4 million and adjusted net income of $1.4 million. Aftermarket sales to the refining and petrochemical markets were a record $10.8 million, up 74%.
- Second quarter sales increased by 18%, driven by a 69% rise in defense market revenue.
- Gross profit increased by $1.9 million, or 36%, due to better project mix, improved pricing, and execution.
- Net income reached $0.4 million, with adjusted net income improving to $1.4 million.
- Aftermarket sales to refining and petrochemical markets hit a record $10.8 million, up 74%.
Headline financials
Revenue & EPS history
Graham · Revenue · Quarterly
$45.1M
Forward guidance
The Company guidance for fiscal 2024 remains unchanged from previous guidance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2024
+0.1%
Avg return
Earnings day
+2.5%
Avg return
5 days after
+2.7%
Avg return
30 days after
54%
35 / 65 earnings
Positive
+22.9%
Q2 2025
Best reaction
-25.5%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | -10.3% | -2.7% | — | |
| Q3 2026 | +12.9% | +19.7% | +10.7% | |
| Q2 2026 | +0.5% | -2.0% | -6.8% | |
| Q1 2026 | -18.3% | -15.9% | -14.4% | |
| Q4 2025 | +6.3% | +10.1% | +25.7% | |
| Q3 2025 | -17.4% | -20.4% | -31.9% | |
| Q2 2025 | +22.9% | +24.6% | +29.6% | |
| Q4 2024 | +12.6% | +17.7% | +7.7% | |
| Q3 2024 | +11.7% | +15.9% | +20.8% | |
| Q2 2024 | -4.4% | +1.4% | +6.2% | |
| Q1 2024 | +15.7% | +20.3% | +17.3% | |
| Q1 2025 | +15.7% | +20.3% | +17.3% | |
| Q4 2023 | +11.1% | +11.1% | +11.3% | |
| Q3 2023 | +11.6% | +16.4% | +32.7% | |
| Q2 2023 | +18.1% | +16.6% | +13.5% | |
| Q1 2023 | +12.3% | +17.7% | +44.7% | |
| Q4 2022 | +16.4% | +20.6% | -9.0% | |
| Q3 2022 | -25.5% | -23.0% | -34.1% | |
| Q2 2022 | -3.2% | -1.5% | -1.8% | |
| Q1 2022 | -4.8% | -9.7% | -9.3% | |
| Q4 2021 | +2.3% | -0.1% | -6.7% | |
| Q3 2021 | -5.3% | -2.7% | -1.5% | |
| Q2 2021 | -0.3% | +1.5% | +21.6% | |
| Q1 2021 | +6.1% | +5.8% | +8.6% | |
| Q4 2020 | -10.1% | -10.1% | -13.7% | |
| Q3 2020 | -7.8% | -10.8% | -17.2% | |
| Q2 2020 | +10.4% | -2.0% | -7.0% | |
| Q1 2020 | +1.2% | +1.8% | -11.7% | |
| Q4 2019 | +0.0% | +1.4% | -0.9% | |
| Q3 2019 | -1.5% | -1.1% | -0.8% | |
| Q2 2019 | +1.0% | +1.2% | -10.4% | |
| Q1 2019 | +3.5% | +10.0% | +9.4% | |
| Q4 2018 | +1.2% | -1.3% | -1.5% | |
| Q3 2018 | +5.9% | +0.5% | -6.9% | |
| Q2 2018 | -10.4% | -11.1% | -10.0% | |
| Q1 2018 | -3.1% | -3.0% | -0.9% | |
| Q4 2017 | -0.7% | -3.5% | -6.1% | |
| Q3 2017 | +3.4% | -0.3% | +3.5% | |
| Q2 2017 | -0.1% | -3.6% | +24.4% | |
| Q1 2017 | -4.3% | -4.2% | +3.0% | |
| Q4 2016 | -4.8% | -1.1% | +1.2% | |
| Q3 2016 | +0.2% | — | — | |
| Q2 2016 | -3.4% | — | — | |
| Q1 2016 | +8.8% | — | — | |
| Q4 2015 | -5.9% | — | — | |
| Q3 2015 | -8.9% | — | — | |
| Q2 2015 | +0.1% | — | — | |
| Q1 2015 | -3.4% | — | — | |
| Q4 2014 | +6.5% | — | — | |
| Q3 2014 | -4.6% | — | — | |
| Q2 2014 | -2.8% | — | — | |
| Q1 2014 | +5.2% | — | — | |
| Q4 2013 | +13.6% | — | — | |
| Q3 2013 | +1.8% | — | — | |
| Q2 2013 | +0.9% | — | — | |
| Q1 2013 | +1.2% | — | — | |
| Q4 2010 | -0.6% | — | — | |
| Q4 2012 | -6.5% | — | — | |
| Q3 2011 | +0.5% | — | — | |
| Q3 2012 | +0.5% | — | — | |
| Q2 2012 | +6.3% | — | — | |
| Q4 2011 | -17.6% | — | — | |
| Q2 2011 | -17.6% | — | — | |
| Q1 2011 | -17.6% | — | — | |
| Q1 2012 | -17.6% | — | — |
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