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ESAB Fiscal Q1 Core Adjusted Net Income, Net Sales Rise; 2024 Core Adjusted EPS Outlook Raised
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ESAB Fiscal Q1 Core Adjusted Net Income, Net Sales Rise; 2024 Core Adjusted EPS Outlook Raised
May 1, 2024 6:39 AM

09:21 AM EDT, 05/01/2024 (MT Newswires) -- ESAB ( ESAB ) reported fiscal Q1 core adjusted net income Wednesday of $1.20 per diluted share, up from $1.04 a year earlier.

Analysts polled by Capital IQ expected $1.10.

Net sales for the quarter ended March 29 were $689.7 million, up from $684 million a year earlier.

The company said it now expects 2024 core adjusted EPS in the range of $4.75 to $4.95, up from its prior range of $4.65 to $4.85. Analysts surveyed by Capital IQ expect $4.83.

Price: 105.00, Change: -0.88, Percent Change: -0.83

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