earnings
confidence high
sentiment positive
materiality 0.85
CSWI reports record Q3 revenue $171.1M, EPS $1.01 up 71% YoY; raises FY guidance
CSW INDUSTRIALS, INC.
2023-Q3 EPS reported
$4.46
revenue$562,219,000
- Revenue $171.1M (+26% YoY); organic growth 17% with pricing initiatives driving $22.8M.
- Net income $15.6M (+68%); diluted EPS $1.01 (+71%) includes $0.10 one-time tax benefit.
- EBITDA $31.2M (+47%); margin 18.3% vs 15.6% a year ago.
- FY2023 guidance: revenue ~20% growth, EBITDA margin >22%; implies Q4 rev growth ~9%.
- Increased revolver to $500M; new $100M share repurchase program; leverage ratio 1.5x.