earnings
confidence high
sentiment positive
materiality 0.75
Enerpac Q3 net sales up 6% to $168M; acquires SFE Group
ENERPAC TOOL GROUP CORP
- Net sales $168M (+6% YoY, organic +3%); IT&S product sales +5% organic.
- Net earnings $29.8M ($0.58 diluted EPS); adjusted $31.0M ($0.60).
- EPS includes $0.08 benefit from IEEPA tariff refund.
- YTD operating cash flow $69M vs $56M prior year; $15M in share repurchases in quarter.
- Announced definitive agreement to acquire SFE Group; guidance updated.