Enerpac Tool Group Corp reports results for the quarter ended in February - Earnings Summary

Enerpac Tool

20/03/2024 21:50

* Enerpac Tool Group Corp  EPAC.N  reported quarterly
adjusted
earnings of 36 cents​​ per share for the quarter ended in
February.  The lone analyst forecast for the quarter was
for earnings of 36 cents per share. 
    * Revenue was $138.44 million​; analysts expected $141.10
million. 
    * Enerpac Tool Group Corp's reported EPS for the quarter was
33
cents​.
    * Enerpac Tool Group Corp shares had risen by 11.5% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 7.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Enerpac Tool
Group Corp is $38.00 
This summary was machine generated from LSEG data March 20 at
09:49 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Feb. 29 2024      0.36           0.36           Met
 Nov. 30 2023      0.32           0.39           Beat