Ralliant Corp reports results for the quarter ended June 30 - Earnings Summary
Ralliant Corp reports results for the quarter ended June 30 - Earnings Summary
Ralliant Corp RAL.N reported quarterly adjusted earnings of 68 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 67 cents. The mean expectation of eleven analysts for the quarter was for earnings of 62 cents per share. Wall Street expected results to range from 60 cents to 63 cents per share.
Revenue rose 12.8% to $567.80 million from a year ago; analysts expected $550.12 million.
Ralliant Corp's reported EPS for the quarter was 51 cents.
The company reported quarterly net income of $57.2 million.
Ralliant Corp shares had fallen by 9.0% this quarter and gained 31.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 17.6% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is also "buy"
Wall Street's median 12-month price target for Ralliant Corp is $70.00, about 4.3% above its last closing price of $66.97
This summary was machine generated from LSEG data July 30 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.62 | 0.68 | Beat |
Mar. 31 2026 | 0.49 | 0.57 | Beat |
Dec. 31 2025 | 0.65 | 0.69 | Beat |
Sep. 30 2025 | 0.57 | 0.60 | Beat |
Recent news on Ralliant
See all newsRalliant Corp reports results for the quarter ended June 30 - Earnings Summary
Ralliant Q2 revenue rises 13%, beats analyst expectations
U.S. RESEARCH ROUNDUP- BlackRock, Goldman Sachs, Synopsys
U.S. STOCKS ON THE MOVE-Nvidia, Hasbro, Micron
U.S. STOCKS ON THE MOVE-Royal Caribbean Cruises, AMC Entertainment, Roivant