earnings
confidence high
sentiment positive
materiality 0.85
Enerpac Q4 FY2022: core sales +10% to $152M, adj. EPS $0.37, FCF $43M; restructuring cost up to $10-15M
ENERPAC TOOL GROUP CORP
2022-FY EPS reported
$0.26
revenue$571,223,000
- Net sales $152M, core sales +10% YoY; GAAP diluted EPS $0.20, adjusted $0.37.
- Adjusted EBITDA margin 21.1%; free cash flow $43M; leverage 0.9x at Aug 31, 2022.
- Repurchased ~2.0M shares for ~$39M under March 2022 share repurchase program.
- Restructuring cost estimate raised to $10-15M (from $6-10M), primarily severance for IT&S and Corporate, over 24 months.