ESAB Fiscal Q2 Adjusted Earnings Fall, Sales Rise; Fiscal 2026 Outlook Updated

MT Newswires Live08-06

ESAB (ESAB) reported fiscal Q2 adjusted earnings Thursday of $1.35 per diluted share, down from $1.40 a year earlier.

Analysts polled by FactSet expected $1.38.

Sales for the quarter ended July 3 was $807.6 million, up from $715.6 million a year earlier.

Analysts expected revenue of $749.1 million.

The company said it expects fiscal 2026 adjusted earnings of $5.40 to $5.50 per diluted share, down from $5.70 to $5.90 previously. Analysts surveyed by FactSet expect $5.69.

Sales for the year are projected to be $3.00 billion to $3.10 billion, up from $2.85 billion to $2.95 billion previously, the company said. Analysts expect $3.03 billion.

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