Does Esab (ESAB) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here is how Esab (ESAB) and Generac Holdings (GNRC) have performed compared to their sector so far this year.
ESAB Corporation (NYSE:ESAB ) Q3 2024 Earnings Conference Call October 29, 2024 8:00 AM ET Company Participants Mark Barbalato - Vice President of Investor Relations Shyam Kambeyanda - President & Chief Executive Officer Kevin Johnson - Chief Financial Officer Conference Call Participants Mig Dobre - Baird Adam Farley - Stifel Tami Zakaria - JPMorgan David Raso - Evercore Chris Dankert - Loop Capital Bryan Blair - Oppenheimer Operator Thank you for standing by. At this time, I would like to welcome everyone to today's ESAB Corporation Third Quarter 2024 Earnings Call.
Esab (ESAB) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.08 per share a year ago.
Esab (ESAB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ESAB Corporation faces near-term challenges in key end markets but has strong long-term growth outlook in emerging markets and innovative product launches. Margin growth is expected from product line simplification, footprint rationalization, AI tools, and mix shift towards higher margin equipment sales. Revenue growth supported by organic and inorganic strategies, with focus on emerging markets, reshoring trend, and infrastructure upgrades.
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ESAB Corporation (NYSE:ESAB ) Q2 2024 Earnings Conference Call August 2, 2024 8:00 AM ET Company Participants Mark Barbalato - Vice President, Investor Relations Shyam Kambeyanda - President & Chief Executive Officer Kevin Johnson - Chief Financial Officer Conference Call Participants Mig Dobre - Baird Nathan Jones - Stifel Tami Zakaria - JPMorgan David Raso - Evercore Bryan Blair - Oppenheimer Chris Dankert - Loop Capital Operator Thank you for standing by. My name is Amy, and I will be your conference operator today.
Esab (ESAB) came out with quarterly earnings of $1.32 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.21 per share a year ago.
Easing supply-chain issues and solid end-market demand should aid the Metal Products - Procurement and Fabrication industry's growth. SKFRY, TKR, ESAB, KALU and NWPX are some stocks to watch, backed by their healthy growth prospects.
Here is how Esab (ESAB) and DNOW (DNOW) have performed compared to their sector so far this year.
After losing some value lately, a hammer chart pattern has been formed for Esab (ESAB), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.