ESAB Reports Q4 Earnings, Beats Estimates
ESAB Corporation (ESAB) reported fourth-quarter earnings on Thursday, exceeding Wall Street expectations.
Key Highlights:
* Earnings of $53.7 million, or $0.88 per share
* Adjusted earnings of $1.28 per share, surpassing estimates of $1.15
* Revenue of $670.8 million
* Adjusted revenue of $633.2 million, slightly below forecasts
Annual Performance:
* Profit of $264.8 million, or $4.31 per share
* Revenue of $2.59 billion
Outlook:
* Full-year earnings expected in the range of $5.10 to $5.25 per share