Enerpac Tool Lowers FY EBITDA Guidance on Service Weakness, Q3 Results Beat Estimates
EPAC is trading near its 52-week low of $32.35 (10% above the low).
Summary
Enerpac Tool Group reported Q3 sales of $167.6 million and adjusted EPS of $0.60, both exceeding analyst expectations. Despite the strong quarter, the company lowered its full-year 2026 adjusted EBITDA guidance to $151 million-$156 million from $158 million-$163 million. This revision is attributed to weakness in the service business and geopolitical pressures, signaling a less optimistic outlook for future profitability. This earnings update follows the recent announcement of a $472 million acquisition of SFE Group.
At the time of this announcement, EPAC was trading at $35.66 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 $45.00. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Reuters.