Enerpac Tool Q2 sales beat estimates, driven by strong performance in IT&S segment

Enerpac Tool

25/03/2026 21:18

Overview

U.S. industrial tools maker's fiscal Q2 sales rose 6%, beating analyst expectations

Adjusted EPS for fiscal Q2 met analyst expectations

Enerpac Tool Group Corp repurchased $51 mln in shares during the quarter

Outlook

Enerpac Tool sees full-year net sales of $635 mln to $650 mln

Company expects fiscal 2026 adjusted EPS of $1.85 to $1.92

Enerpac Tool maintains free cash flow guidance at $100 mln to $110 mln

Result Drivers

PRODUCT SALES GROWTH - Organic product sales in the IT&S segment rose 6%, the highest in 10 quarters, according to CEO Paul Sternlieb

SERVICE WEAKNESS - Within IT&S, service revenue declined 17% organically, mainly due to market softness in the EMEA region

GROSS MARGIN PRESSURE - Gross profit margin declined 410 basis points year-over-year to 46.4% due to continued pressure on the service business

Company press release: ID:nGNX88dRsD

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$154.8 mln
$147.80 mln (3 Analysts)
Q2 Adjusted EPS
Meet
$0.39
$0.39 (3 Analysts)
Q2 EPS
$0.31
Q2 Adjusted Net Income
Miss
$20.3 mln
$20.85 mln (2 Analysts)
Q2 Net Income
$16.3 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for Enerpac Tool Group Corp is $51.00, about 36.1% above its March 25 closing price of $37.48

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 19 three months ago

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.)