MSA Safety (MSA) Q2 Earnings and Revenues Beat Estimates

Company Performance - MSA Safety has surpassed consensus EPS estimates four times over the last four quarters [1] - The company reported quarterly earnings of $2.01 per share, beating the Zacks Consensus Estimate of $1.97 per share, and showing a year-over-year increase from $1.83 per share [9] - MSA Safety's revenues for the quarter ended June 2024 were $462.46 million, exceeding the Zacks Consensus Estimate by 0.25% and up from $447.3 million a year ago [12] Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is $1.97 on revenues of $472.7 million, and for the current fiscal year, it is $7.83 on revenues of $1.87 billion [6] - The consensus EPS estimate for the upcoming report has been revised 0.1% lower over the last 30 days to $1.08 per share, reflecting a year-over-year change of +4.9% [7] Industry Outlook - MSA Safety belongs to the Zacks Security and Safety Services industry, which is currently ranked in the top 42% of over 250 Zacks industries [4] - The top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [4] - The estimate revisions trend for MSA Safety is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [14]