Enerpac Tool Group (NYSE: EPAC) reported Q4 EPS of $0.19, $0.06 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $145.4 million versus the consensus estimate of $150.48 million.

Outlook:

Mr. Baker continued, “As we look ahead to the next fiscal year, we are encouraged by our strong backlog, resulting from solid order rates in the fourth quarter. While our largest regions showed encouraging levels of product recovery in the quarter, not all were back to pre-COVID levels. Supply chain constraints, increased commodity costs, logistical shortages, as well as continued slow recovery in certain regions, are expected to create headwinds into fiscal 2022. We anticipate sales to be in the range of $590 million to $610 million for full year fiscal 2022, with the return of our more typical quarterly seasonality. Incremental Adjusted EBITDA margins are expected to be 35% to 45% for the full year, excluding the impact of currency.”

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