Enerpac Tool Group jumps on Q3 revenue beat, outlook raise

Enerpac Tool

29/06/2021 15:05

** Shares of industrial tools and services provider  EPAC.N 
up as much as 7.08% at $26.84 
    ** Co raises its sales guidance to a range of $290 million
to $295 million for second half of 2021 vs previous guidance of
$280 million to $290 million  urn:newsml:reuters.com:*:nASA02CGL
    ** Co's Q3 revenue beat Refinitiv IBES estimates helped by
broad-based market recovery as regions of the world return to
normalized levels of activity from the pandemic 
    ** Stock up ~17% YTD as of last close 

 (Reporting by Rithika Krishna in Bengaluru)
 ((Rithika.Krishna@thomsonreuters.com;))