earnings
confidence high
sentiment positive
materiality 0.75
Hamilton Beach Q3 EPS $0.74 vs $0.43; revenue up 2%; operating margin expands to 9.4%
Hamilton Beach Brands Holding Co
2023-Q3 EPS reported
$0.40
revenue$418,975,000
- Revenue $153.6M (+1.9% YoY); operating profit $14.4M (9.4% margin) vs $9.4M (6.2%).
- Net income $10.3M ($0.74 diluted EPS) vs $5.9M ($0.43) a year ago.
- Net debt reduced to $49.7M from $144.5M; cash from operations $68.7M vs ($40.2M) use.
- FY2023 outlook: revenue modestly below 2022; operating profit to increase excluding $10M insurance recovery.
- Paid $1.5M dividends and repurchased $0.9M of stock in Q3.