Enerpac Tool Group Full Year 2024 Earnings: EPS Misses Expectations

Enerpac Tool Group (NYSE:EPAC) Full Year 2024 Results

Key Financial Results

• Revenue: US$589.5m (down 1.5% from FY 2023).
• Net income: US$82.2m (up 53% from FY 2023).
• Profit margin: 14% (up from 9.0% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: US$1.51 (up from US$0.95 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Enerpac Tool Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.3%.

Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Machinery industry in the US.

Performance of the American Machinery industry.

The company's shares are up 1.8% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Enerpac Tool Group's balance sheet.

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