Enerpac Tool Group beats quarterly estimates with higher profit and revenue
Enerpac Tool Group reported adjusted EPS of 53 cents for the quarter ended August 31, above the 52-cent forecast, while revenue rose 10.9%.
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what happened
Enerpac Tool Group Corp. reported results for the quarter ended August 31. According to Earnings Summary, adjusted earnings per share came in at 53 cents, up from 52 cents a year earlier and above the average forecast of three analysts.
Revenue grew 10.9% to $185.7 million, compared with the $173.1 million analysts had expected. Net income for the quarter was $24.4 million, while the reported EPS under standard accounting came to 47 cents.
why it matters
The main takeaway is that both profit and revenue topped consensus, although analysts' earnings estimates for the past three months were unchanged. The shares are down 7.5% so far this year, and the average analyst rating is buy. This is a mid-sized company's report, so it is unlikely to move the broader market.
tags
instruments
sources
- Enerpac Tool Group Corp. reports results for the quarter ended August 31 — Earnings Summary, 28 October 2026 at 21:46 UTC
- Cogeco Communications Inc reports results for the quarter ended August 31 — Earnings Summary, 29 October 2026 at 00:04 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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