Group 1 - Esab reported quarterly earnings of $1.28 per share, exceeding the Zacks Consensus Estimate of $1.15 per share, and up from $1.13 per share a year ago, representing an earnings surprise of 11.30% [1] - The company posted revenues of $633.2 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 0.46%, and down from $689.35 million year-over-year [2] - Esab has surpassed consensus EPS estimates four times over the last four quarters and topped consensus revenue estimates three times during the same period [2] Group 2 - The stock's immediate price movement will depend on management's commentary during the earnings call and the sustainability of earnings expectations [3][4] - Esab shares have increased by approximately 4.3% since the beginning of the year, compared to a 4.5% gain in the S&P 500 [3] Group 3 - The current consensus EPS estimate for the upcoming quarter is $1.24 on revenues of $658.78 million, and for the current fiscal year, it is $5.35 on revenues of $2.65 billion [7] - The estimate revisions trend for Esab is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Group 4 - The Metal Products - Procurement and Fabrication industry, to which Esab belongs, is currently ranked in the bottom 21% of over 250 Zacks industries, suggesting potential challenges ahead [8]
Esab (ESAB) Surpasses Q4 Earnings Estimates