Overview
MSA Safety Q2 net sales rise 3%, beating analyst expectations, per LSEG data
Adjusted EPS for Q2 beats consensus, indicating strong operational performance
Co acquires M&C TechGroup for $188 mln
Outlook
MSA Safety reaffirms low-single-digit organic sales growth for 2025
Company acknowledges risks from macroeconomic factors and the timing of the NFPA standard approval process
Result Drivers
BACKLOG CONVERSION - Strong conversion of key customer orders from backlog supported quarterly performance, per CEO Steve Blanco
ACQUISITION - Acquisition of M&C TechGroup expanded detection market and diversified end markets
PRODUCT CATEGORY MOMENTUM - Growth in detection and fall protection categories contributed to sales increase
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$474.10 mln
$446.90 mln (6 Analysts)
Q2 Adjusted EPS
Beat
$1.93
$1.78 (6 Analysts)
Q2 EPS
$1.59
Q2 Adjusted Net Income
Beat
$75.90 mln
$71.10 mln (5 Analysts)
Q2 Net Income
$62.80 mln
Q2 Adjusted Operating Income
Beat
$101.40 mln
$93.90 mln (6 Analysts)
Q2 Operating Income
$85.90 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the business support supplies peer group is "buy"
Wall Street's median 12-month price target for MSA Safety Inc is $182.00, about 3.7% above its August 1 closing price of $175.23
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 19 three months ago
Press Release: ID:nPn1QCMZ9a
(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.)