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ESAB Q2 2023 Earnings Report

ESAB logo
$120.67 -1.45 (-1.19%)
(As of 12/20/2024 04:33 PM ET)

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

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ESAB Earnings Headlines

ESAB Corporation Board Declares Dividend
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ESAB initiated with a Buy at Jefferies
ESAB Can Continue To Outperform
See More ESAB Headlines
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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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