Esab Corp Reports Results For The Quarter Ended In June: Earnings Summary

ESAB

09/08/2022 14:33

* ESAB Corp  ESAB.N  reported quarterly adjusted earnings of
$1.08​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
$1.01 per share.
    * Revenue was $661.18 million​; analysts expected $635.95
million. 
    * ESAB Corp's reported EPS for the quarter was 94 cents​.
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * ESAB Corp shares had risen by 0.9% this quarter.
    * The company reported quarterly net income of $55.25
million.
    * Wall Street's median 12-month price target for ESAB Corp
is
$48.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.01           1.08           Beat