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HVAC equipment maker Burnham Holdings' Q3 sales, adj EPS rise

HVAC equipment maker Burnham Holdings' Q3 sales, adj EPS rise 


Overview

  • US boiler maker's Q3 sales rose yr/yr

  • Adjusted EPS for Q3 rose from prior year

  • Company expanded into chilled water buffer tanks for data center cooling systems


Outlook

  • Company plans to launch new high efficiency and condensing products in 2027


Result Drivers

  • CORE BOILER FOCUS - Co said results benefited from strategic focus on core boiler business

  • MARGIN IMPROVEMENT - Gross profit margin rose to 21.5% from 19.6% in prior-year qtr, contributing to profitability

  • NEW PRODUCT OFFERINGS - Co expanded product line to include chilled water buffer tanks for data center cooling systems


Company press release: ID:nPnPmzHta


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Sales

$74.58 mln


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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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