ESAB's Q3 Non-GAAP Net Income Increases, Net Sales Decline

MT Newswires Live

2024/10/29

ESAB (ESAB) reported Q3 non-GAAP net income Tuesday of $1.25 per diluted share, up from $1.08 a year earlier.

Analysts polled by Capital IQ expected $1.12.

Net sales for the quarter ended Sept. 27 were $673.3 million, down from $681.0 million a year earlier.

Analysts surveyed by Capital IQ expected $620.4 million.

For 2024, the company now expects non-GAAP EPS to range from $4.80 to $4.95, compared with $4.75 to $4.95 previously. Analysts polled by Capital IQ expect $4.85.

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Analysts polled by Capital IQ expect $4.85.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ESAB","symbol_name":"ESAB Corporation","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2479403052","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479403052","pubTimestamp":1730202321,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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