earnings
confidence high
sentiment positive
materiality 0.75
CSW Industrials reports record Q2 revenue $203.7M; EPS $1.93, up 23% YoY
CSW INDUSTRIALS, INC.
2024-Q2 EPS reported
$3.90
revenue$407,013,000
- Revenue $203.7M (+7% YoY), organic growth 5% ($10.1M); net income $30.1M (+24%); diluted EPS $1.93 (+23%).
- EBITDA $53.0M (+21%), margin 26% (+300 bps); cash flow from ops $44.7M (+47%).
- Paid down $37M debt; leverage ratio reduced to 0.85x; declared $0.19/share dividend payable Nov 10, 2023.
- Contractor Solutions segment revenue $139.9M (+7.4%), op income margin 27.9% vs 24.8% prior year.
- Management expects H2 revenue, EBITDA, EPS growth and continued strong cash generation.