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ESAB's Q2 Adjusted Earnings Increase, Net Sales Decline
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ESAB's Q2 Adjusted Earnings Increase, Net Sales Decline
Aug 2, 2024 4:42 AM

07:19 AM EDT, 08/02/2024 (MT Newswires) -- ESAB ( ESAB ) reported Q2 adjusted earnings Friday of $1.32 per diluted share, up from $1.21 a year earlier.

Analysts polled by Capital IQ expected $1.27.

Net sales for the quarter ended June 30 were $707.1 million compared with $720.4 million a year earlier.

Analysts polled by Capital IQ expected $686.6 million.

The company reiterated its full-year adjusted earnings forecast of $4.75 to $4.95 per share. Analysts polled by Capital IQ expect $4.91.

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