earnings
confidence high
sentiment positive
materiality 0.65
MSA Safety Q3: revenue $433M (-3% YoY), adj. EPS $1.83, orders up high-single digits
MSA Safety Inc
2024-Q3 EPS reported
$4.98
revenue$1,308,443,000
- Net sales $433M, down 3% YoY; GAAP EPS $1.69, adjusted EPS $1.83 (+3% YoY).
- Americas sales $299M (-4.7% YoY); International $133M (flat); detection portables up double digits.
- Orders grew high-single digits, backlog increased sequentially; Q4 sales expected mid-single-digit growth, FY low-single-digit.
- Repaid $38M debt, returned $20M dividends, repurchased $10M stock in Q3; net leverage 0.9x.
- Operating margins resilient at 21.1% GAAP and 22.6% adjusted; guidance reaffirms confidence in H2.