Enerpac Posts 47-Cent Q4 EPS as SFE Integration Begins
EPAC is trading near its 52-week low of $32.35 (10% above the low).
Summary
Enerpac reported fourth-quarter EPS of 47 cents, or 53 cents on an adjusted basis, the first hard earnings number since closing the $472 million SFE Group acquisition on October 28. Fourth-quarter net income was $24.4 million on sales of $185.7 million. The print lands the same day as the deal close, so the quarter largely predates SFE and the real test is the guidance that comes with it. With the stock at $35.70 and an $850 million credit facility already in place to fund the purchase, the balance sheet is levered into the integration. Management's fiscal 2027 outlook frames SFE's contribution, with sales seen at $825 million to $845 million and adjusted EPS of $2.00 to $2.15.
At the time of this announcement, EPAC was trading at $35.70 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $1.8B. The 52-week trading range was $32.35 to $43.97. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.