ESAB reports Q1 adjusted EPS $1.31, consensus $1.34

Reports Q1 revenue $746M, consensus $703.45M. “ESAB (ESAB) delivered a strong first quarter, a powerful demonstration of the resilience of our business model and the strength of our unmatched global footprint. The Americas remained solid, with the U.S. accelerating behind our new and innovative product launches, while Europe and Asia performed in line with expectations. The Middle East saw limited disruption following the start of the conflict, and most importantly, our teams are safe and continuing to serve customers with the agility that defines ESAB. Where the conflict has pressured global supply chains and input costs, we have moved decisively to implement pricing and operational actions that we expect to fully offset the impact,” said Shyam P. Kambeyanda, ESAB President and CEO.