ESAB Q2 Adj. EPS $1.21 Beats $1.02 Estimate, Sales $720.42M Beat $656.86M Estimate
Portfolio Pulse from Benzinga Newsdesk
ESAB (NYSE:ESAB) reported Q2 earnings of $1.21 per share, beating the analyst consensus estimate of $1.02 by 18.63%. This is a 12.04% increase from the same period last year. The company also reported quarterly sales of $720.42 million, beating the analyst consensus estimate of $656.86 million by 9.68%, a 8.96% increase from the same period last year.
August 01, 2023 | 10:38 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
ESAB's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance.
ESAB's Q2 earnings and sales have exceeded analyst estimates, which is typically a positive signal for the company's financial health and often leads to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100