Esab

Q2 FY2026 EarningsESAB.US delivered a robust Q2 FY26 beat on the top-line with revenue of $808M exceeding consensus by 8.1%, primarily driven by 12.9% reported growth and the accelerated closing of the Eddyfi acquisition. Despite the revenue surge, core adjusted EPS of $1.33 slightly missed the $1.37 mean estimate due to transitory cost inflation and price/cost neutrality, while GAAP EPS of $0.54 significantly trailed consensus due to high acquisition-related charges. Management significantly raised FY26 core sales growth guidance to 11.0%-14.0% (vs. 6.0%-9.0% previously), signaling confidence in inorganic contributions despite a slight downward revision in the EPS guidance range to $5.40-$5.50.