earnings
confidence high
sentiment positive
materiality 0.80
CSWI reports record Q1 FY2022 revenue $161.3M, adjusted EPS $1.46, up 80% YoY
CSW INDUSTRIALS, INC.
2022-Q1 EPS reported
$1.27
revenue$161,266,000
- Revenue $161.3M (+77% YoY); organic growth 40% led by Contractor Solutions segment (+121% w/ TRUaire).
- GAAP EPS $1.27 (+57% YoY); adjusted EPS $1.46 (+80% YoY); adjusted EBITDA $40.5M (+108%).
- Contractor Solutions revenue $110.2M (organic +54%), adjusted operating margin 30.3%; purchase accounting effect now fully recognized.
- Declared $0.15/share dividend payable Aug 13, 2021; leverage ~1.5x; reaffirmed FY2022 tax rate of 25%.