Enerpac Tool Group Q2 Earnings Call Highlights

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MarketBeat

Thu, March 26, 2026 astatine 11:21 AM CDT 8 min read

Enerpac Tool Group logo

Enerpac Tool Group logo
  • Enerpac reported Q2 gross of $155 million with merchandise income up ~6% (the strongest successful 10 quarters) offset by a 17% diminution successful work revenue—notably a 21% driblet successful EMEA—which led to a $3.3 cardinal restructuring tied to Hydratight work operations.

  • The institution narrowed fiscal 2026 guidance to $635–$650 million successful nett income (1–3% organic), adjusted EBITDA of $158–$163 million, and adjusted EPS of $1.85–$1.92, portion informing work unit should persist successful Q3 with a rebound expected successful Q4.

  • Balance-sheet and currency highlights see net indebtedness $89 million (0.6x EBITDA), full liquidity of $499 million, year-to-date escaped currency travel of $23 million, and $51 cardinal of stock repurchases successful the 4th with astir $135 cardinal remaining connected the $200 cardinal authorization.

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  • Enerpac Tool Group Breaks Out To New High

Enerpac Tool Group (NYSE:EPAC) reported second-quarter fiscal 2026 results that absorption characterized arsenic a 4th with “a batch to beryllium pleased about,” led by accelerating merchandise maturation successful its Industrial Tools & Service (ITNS) conception and continued momentum astatine Cortland. At the aforesaid time, the institution acknowledged ongoing near-term unit successful its work business—particularly successful EMEA—prompting further restructuring actions and a narrowed full-year outlook.

Second-quarter gross was $155 million, up 2% organically. ITNS income accrued 1% organically, arsenic a 6% integrated summation successful merchandise income was partially offset by a 17% diminution successful work revenue, according to CFO Darren Kozik. Management said merchandise income maturation was the strongest successful 10 quarters, dating backmost to the 4th fourth of fiscal 2023.

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  • Headwinds Sap Strength From Enerpac Tool Group

CEO Paul Sternlieb pointed to improved U.S. concern indicators done February, including 2 consecutive months of enlargement successful the U.S. manufacturing PMI, and improving sentiment successful concern distributor survey data. Enerpac said wide merchandise bid rates grew astatine a mid-single-digit pace, with gains successful each of its 3 geographic regions.

By extremity market, Kozik said concern MRO remained soft, but the institution continued to spot maturation successful powerfulness generation, infrastructure, and defence connected a planetary basis. In the company’s “other segment,” Cortland posted 27% second-quarter growth, which absorption attributed to continued occurrence generating caller projects.

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