Enerpac (EPAC) Q1 Earnings Miss Estimates

Company Performance - Enerpac reported quarterly earnings of $0.40 per share, missing the Zacks Consensus Estimate of $0.41 per share, and showing a slight increase from $0.39 per share a year ago, resulting in an earnings surprise of -2.44% [1] - The company posted revenues of $145.2 million for the quarter ended November 2024, surpassing the Zacks Consensus Estimate by 0.83% and increasing from $141.97 million year-over-year [2] - Over the last four quarters, Enerpac has not surpassed consensus EPS estimates, but has topped consensus revenue estimates two times [2] Stock Performance - Enerpac shares have increased approximately 52.3% since the beginning of the year, outperforming the S&P 500's gain of 26.9% [4] - The current consensus EPS estimate for the upcoming quarter is $0.40 on $140 million in revenues, and for the current fiscal year, it is $1.81 on $622 million in revenues [8] Industry Outlook - The Manufacturing - Tools & Related Products industry, to which Enerpac belongs, is currently in the top 24% of over 250 Zacks industries, indicating a favorable outlook [9] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that the industry outlook can significantly impact stock performance [6][9]