ESAB Corporation (ESAB) Tops Q2 EPS by 16c, raised FY Outlook

ESAB Corporation (NYSE: ESAB) reported Q2 EPS of $1.21, $0.16 better than the analyst estimate of $1.05. Revenue for the quarter came in at $720.42 million versus the consensus estimate of $665.13 million.

ESAB Raised Full Year 2023 Outlook

ESAB raised its full year 2023 outlook and expects total core sales growth of 6.0% to 7.5%, core organic sales growth of 4.0% to 5.5%, core adjusted EBITDA of $450 to $465 million, and core adjusted EPS of $4.10 to $4.30, up from our prior guidance of total core sales growth of 4.0% to 6.0%, core organic sales growth of 3.5% to 5.5%, core adjusted EBITDA of $430 to $450 million and core adjusted EPS of $3.85 to $4.05.

For earnings history and earnings-related data on ESAB Corporation (ESAB) click here.

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