Perimeter Solutions Q2 sales rise on specialty products growth

Perimeter Solutions

31/07/2026 11:09

Overview
US industrial products supplier's Q2 sales rose 31% yr/yr but missed analyst expectations
Adjusted EPS and adjusted EBITDA for Q2 missed analyst expectations
Company acquired Monaco Enterprises to expand fire safety segment

Outlook
Company expects Monaco acquisition to contribute more than $11 mln annualized adjusted EBITDA
Perimeter Solutions intends to continue expanding portfolio through organic growth and acquisitions

Result Drivers
SPECIALTY PRODUCTS GROWTH - Specialty Products segment net sales doubled, contributing to overall sales increase
ACQUISITION IMPACT - Acquisition of Monaco Enterprises expected to strengthen Fire Safety segment
NON-RECURRING EXPENSES - Non-recurring costs and purchase accounting impacts affected adjusted results

Company press release: ID:nGNXbvCTkH

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Miss
$213.8 mln
$216.89 mln (3 Analysts)
Q2 Adjusted EPS
Miss
$0.35
$0.43 (4 Analysts)
Q2 Loss Per Share
 
$1.11
 
Q2 Net Loss
 
$181.60 mln
 
Q2 Adjusted EBITDA
Miss
$105.60 mln
$109.37 mln (3 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the specialty chemicals peer group is "buy"
Wall Street's median 12-month price target for Perimeter Solutions Inc is $41.17, about 10.6% above its July 30 closing price of $37.23
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 16 three months ago

Reuters Recommended Reads
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July 30 - SPX Technologies beats Q2 estimates on acquisitions, data center demand

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.)