ESAB Q3 2023 Adj EPS $1.08 Beats $0.94 Estimate, Sales $681.00M Beat $632.15M Estimate
Portfolio Pulse from totan@benzinga.com
ESAB (NYSE:ESAB) reported Q3 2023 earnings of $1.08 per share, beating the analyst consensus estimate of $0.94 by 14.89%. This is a 17.39% increase over earnings of $0.92 per share from the same period last year. The company also reported quarterly sales of $681.00 million, beating the analyst consensus estimate of $632.15 million by 7.73%. This is a 9.79% increase over sales of $620.26 million the same period last year.
November 01, 2023 | 10:39 am
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POSITIVE IMPACT
ESAB reported better than expected Q3 2023 earnings and sales, which could positively impact its stock price.
ESAB reported Q3 2023 earnings and sales that beat analyst estimates. This is generally seen as positive news and could lead to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100