earnings
confidence high
sentiment positive
materiality 0.75
ESAB Q4 2022: diluted EPS $0.97, adj. EPS $1.05; sales +11% organic; guides 2023 EBITDA $420-440M
ESAB Corp
- Q4 2022 sales $664M (+6% reported, +11% organic); net income $59M.
- Diluted EPS continuing ops $0.97; core adj. diluted EPS $1.05.
- Core adj. EBITDA $107M, up 10% vs $98M prior year Q4.
- Completed Swift-Cut and Therapy Equipment bolt-on acquisitions.
- 2023 guidance: core organic growth 3-5%; core adj. EBITDA $420-440M; core adj. EPS $3.80-$4.00.