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ESAB Q2 2023 Earnings Report

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$115.92 -3.66 (-3.06%)
As of 03/28/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

ESAB EPS Results

Actual EPS
$1.21
Consensus EPS
$1.05
Beat/Miss
Beat by +$0.16
One Year Ago EPS
$1.08

ESAB Revenue Results

Actual Revenue
$720.40 million
Expected Revenue
$665.13 million
Beat/Miss
Beat by +$55.27 million
YoY Revenue Growth
+9.00%

ESAB Announcement Details

Quarter
Q2 2023
Time
Before Market Opens

Conference Call Resources

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ESAB Earnings Headlines

ESAB price target raised to $140 from $133 at JPMorgan
A brutally honest economic warning for 2025 (see proof)
New York Times best-selling financial author and world-renowned economist Addison Wiggin (a man who’s worked side-by-side with figures like Warren Buffett, Alan Greenspan, Ron Paul, Jim Rickards, and Steve Forbes, to name but a few) says....
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About ESAB

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.

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