Shares of Enerpac Tool Group (NYSE: EPAC) tumbled 5.14% in after-hours trading on Monday following the release of the company's second-quarter fiscal 2025 earnings report. Despite posting revenue growth, the industrial tools manufacturer slightly missed analyst expectations on adjusted earnings per share.
For the quarter ended February 28, Enerpac reported net sales of $145.5 million, up 5.1% year-over-year and beating the analyst consensus estimate of $141.60 million. However, adjusted earnings per share came in at $0.39, falling short of the $0.40 expected by analysts. The company's net income for the quarter was $20.9 million, or $0.38 per diluted share.
Despite the earnings miss, Enerpac Tool Group reaffirmed its full-year guidance, projecting net sales between $610 million and $625 million, with adjusted EBITDA in the range of $150 million to $160 million. The company expects organic sales growth of approximately 0% to 2% for the fiscal year. Paul Sternlieb, Enerpac Tool Group's President & CEO, commented on the results, saying, "We were pleased with Enerpac's solid performance in the second quarter – highlighted by strong organic revenue growth of 5% – which continued to outperform the soft industrial sector."
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