Ralliant Q2 revenue rises 13%, beats analyst expectations
Ralliant Q2 revenue rises 13%, beats analyst expectations
Overview
US precision technologies provider's Q2 revenue rose 13% yr/yr, beating analyst expectations
Adjusted EPS for Q2 beat analyst expectations
Company completed $100 mln accelerated share repurchase in Q2
Outlook
Ralliant sees Q3 revenue between $570 mln and $590 mln
Company raises 2026 full-year revenue guidance to $2.25 bln-$2.3 bln
Ralliant expects 2026 adjusted EPS of $2.76-$2.90
Result Drivers
SEGMENT GROWTH - Double-digit revenue growth in both Sensors & Safety Systems and Test & Measurement segments, driven by demand in power grid modernization, defense, industrial, and electronics markets
MARGIN EXPANSION - Operating profit and adjusted EBITDA margins expanded, supported by higher volumes, pricing actions, and productivity savings, partly offset by higher variable employee compensation
PRODUCTIVITY PROGRAM - Enterprise Productivity Program delivered cost savings, contributing to margin expansion and cash generation
Company press release: ID:nBw1Z8bq3a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $568 mln | $550.12 mln (10 Analysts) |
Q2 Adjusted EPS | Beat | $0.68 | $0.62 (11 Analysts) |
Q2 EPS |
| $0.51 |
|
Q2 Adjusted Net Earnings | Beat | $76 mln | $64.89 mln (8 Analysts) |
Analyst Coverage
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 "buy"
Wall Street's median 12-month price target for Ralliant Corp is $70.00, about 4.5% above its July 29 closing price of $66.97
Reuters Recommended Reads
July 29 - Industrial products maker Fortive lifts profit view on strong automation business
July 28 - Teradyne forecasts upbeat revenue on strong chip equipment demand, shares jump
July 28 - Illinois Tool Works Q2 revenue beats on segment growth; raises outlook
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.)
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
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