earnings
confidence high
sentiment positive
materiality 0.80
National Presto Q2 net earnings triple to $15.9M; Defense sales up 27.2%
NATIONAL PRESTO INDUSTRIES INC
- Q2 net sales $146.6M (+21.7% YoY); net earnings $15.9M (+207%); EPS $2.21 vs $0.72.
- Defense segment sales up $27.1M (+27.2%) on increased backlog shipments; operating earnings up $4.9M (+33.5%).
- Housewares/Small Appliance sales down $1.2M (-6.2%) due to tariff impact; operating earnings $2.2M (vs prior year loss) helped by tariff refund.
- Safety segment sales up 91.7% but still nominal; operating loss as anticipated.
- Six-month EPS $3.14 vs $1.79; weighted shares 7.164M vs 7.146M.