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Enerpac Tool Group's Fiscal Q2 Adjusted Earnings Increase, Sales Decline; 2024 Revenue Guidance Affirmed
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Enerpac Tool Group's Fiscal Q2 Adjusted Earnings Increase, Sales Decline; 2024 Revenue Guidance Affirmed
Mar 20, 2024 2:26 PM

05:01 PM EDT, 03/20/2024 (MT Newswires) -- Enerpac Tool Group ( EPAC ) reported fiscal Q2 adjusted earnings late Wednesday of $0.36 per diluted share, up from $0.35 a year earlier.

One analyst polled by Capital IQ expected $0.36.

Sales for the quarter that ended Feb. 29 was $138.4 million, down from $142 million a year earlier.

One analyst surveyed by Capital IQ expected $141.1 million.

The company affirmed its fiscal 2024 revenue guidance of $590 million to $605 million. A single analyst polled by Capital IQ expect $602 million.

Price: 35, Change: -0.11, Percent Change: -0.31

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