Esab Corp Expected To Post Earnings Of $1.02 A Share: Earnings Preview

ESAB

28/07/2023 16:53

* ESAB Corp  ESAB.N   ESAB.K  is expected to show a rise in
quarterly revenue when it reports  results on August 1. 
    * The North Bethesda Maryland-based  company is expected to
report
 a 1.0% increase in revenue to $667.877 million from $661.18
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ESAB Corp is for
earnings
of $1.02 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ESAB Corp
is
$75​, above​ its last closing price of $67.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.93        0.93       1.04      Beat    11.8
 Dec. 31 2023  0.89        0.90       1.05      Beat    17.3
 Sep. 30 2022  0.82        0.85       0.92      Beat    8.2​
 Jun. 30 2022  1.01        1.01       1.08      Beat    6.9
 ​​                                                     
                                                        ​
 This summary was machine generated July 28 at 15:53 GMT.  All
figures in US dollars  unless otherwise stated