ESAB Q4 2022 Earnings Report

ESAB EPS Results

• Actual EPS: $1.05
• Consensus EPS: $0.92
• Beat/Miss: Beat by +$0.13
• One Year Ago EPS: N/A

ESAB Revenue Results

• Actual Revenue: $664.13 million
• Expected Revenue: $613.50 million
• Beat/Miss: Beat by +$50.63 million
• YoY Revenue Growth: N/A

ESAB Announcement Details

• Quarter: Q4 2022
• Date: 3/7/2023
• Time: N/A

ESAB (NYSE:ESAB) engages in the formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, automated welding, and gas control equipment. Its comprehensive range of welding consumables includes electrodes, cored and solid wires, and fluxes using a range of specialty and other materials; and cutting consumables comprising electrodes, nozzles, shields, and tips. The company's equipment ranges from portable welding machines to large customized automated cutting and welding systems. It also offers a range of software and digital solutions to help its customers increase their productivity, remotely monitor their welding operations, and digitize their documentation. The company sells its products under the ESAB brand to various end markets, such as general industry, infrastructure, renewable energy, medical and life sciences, transportation, construction, and energy. It offers its products through independent distributors and direct salespeople. The company operates in North America, South America, Europe, the Middle East, India, Africa, and the Asia Pacific. ESAB Corporation was founded in 1904 and is headquartered in North Bethesda, Maryland.