Over the past six months, ESAB has been a great trade. While the S&P 500 was flat, the stock price has climbed by 14.4% to $118.76 per share. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the professional tools and equipment industry, including Fortive (NYSE:FTV) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how ESAB (NYSE:ESAB) and the rest of the professional tools and equipment stocks fared in Q4.
ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today that its Board of Directors has declared a quarterly cash dividend of $0.08 per share of the Company’s common stock. The dividend is payable on April 17, 2025, to shareholders of record as of April 4, 2025.
Lift truck and material handling solutions manufacturer Hyster-Yale Materials Handling (NYSE:HY)
will be reporting results tomorrow after market hours. Here’s what to look for.
Welding and cutting equipment manufacturer ESAB (NYSE:ESAB) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 2.7% year on year to $670.8 million. Its non-GAAP profit of $1.28 per share was 9.9% above analysts’ consensus estimates.
ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, today announced strong financial results for the fourth quarter of 2024.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Hyster-Yale Materials Handling (NYSE:HY) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how professional tools and equipment stocks fared in Q3, starting with Fortive (NYSE:FTV).
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the professional tools and equipment industry, including Snap-on (NYSE:SNA) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Nordson (NASDAQ:NDSN) and its peers.
ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today that it will issue a press release providing financial results for the fourth quarter of 2024 on the morning of Thursday, February 20, 2025. The Company will hold a conference call to discuss these results beginning at 8:00 a.m. Eastern on that day, which will be open to the public by calling +1-888-550-5302 (U.S. callers) and +1-646-960-0685 (International callers) and referencing the conference ID number 4669992 and through webcast via ESAB’s website www.ESABcorporation.com under the “Investors” section.
Over the past six months, ESAB has been a great trade, beating the S&P 500 by 21.7%. Its stock price has climbed to $117.62, representing a healthy 27.8% increase. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the professional tools and equipment industry, including Kennametal (NYSE:KMT) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how professional tools and equipment stocks fared in Q3, starting with Stanley Black & Decker (NYSE:SWK).
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Middleby (NASDAQ:MIDD) and the rest of the professional tools and equipment stocks fared in Q3.
