ESAB (US:ESAB) ZACKS·2025-05-01 12:55Group 1: Earnings Performance - Esab reported quarterly earnings of $1.25 per share, exceeding the Zacks Consensus Estimate of $1.18 per share, and showing an increase from $1.20 per share a year ago, representing an earnings surprise of 5.93% [1] - The company has surpassed consensus EPS estimates in all four of the last quarters [2] - Esab's revenues for the quarter ended March 2025 were $646.9 million, surpassing the Zacks Consensus Estimate by 2.59%, although this is a decrease from year-ago revenues of $689.74 million [2] Group 2: Stock Performance and Outlook - Esab shares have increased by approximately 0.2% since the beginning of the year, contrasting with the S&P 500's decline of -5.3% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is $1.36 on revenues of $654.18 million, and for the current fiscal year, it is $5.13 on revenues of $2.56 billion [7] Group 3: Industry Context - The Metal Products - Procurement and Fabrication industry, to which Esab belongs, is currently ranked in the top 18% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The current estimate revisions trend for Esab is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6]