earnings
confidence high
sentiment neutral
materiality 0.65
MSA Safety Q3 revenue $340M (+12%), adjusted EPS $0.94 flat YoY; GAAP EPS down 32%
MSA Safety Inc
2021-Q3 EPS reported
$2.04
revenue$989,915,000
- Revenue $340M, +12% reported, +3% organic constant currency; core product revenue up 19% reported.
- GAAP operating income $29M (8.5% margin) vs $41M (13.5%); adjusted operating income $51M (15.0%) vs $54M.
- GAAP EPS $0.48 vs $0.71; adjusted EPS $0.94 flat; operating cash flow $46M up from $27M.
- Completed Bacharach acquisition July 1 for $329M net cash; book-to-bill >1x, backlog at record levels.
- Management notes supply chain constraints and inflationary pressures intensifying; no guidance change provided.