Ralliant reports Q1 adjusted EPS 57c, consensus 49c

Reports Q1 revenue $535M, consensus $515.4M. “Our first quarter performance exceeded the high end of guidance, and we are raising 2026 full year guidance,” said Tami Newcombe, President and Chief Executive Officer. “Following three consecutive quarters of sequential improvement, Test & Measurement not only returned to year-over-year growth but has seen broad-based acceleration in global demand. In addition, the increase in the replenishment of missile and munition programs has now driven over $1 billion of backlog in our Defense & Space end market. This positions us well to deliver organic revenue growth above our through-cycle target as we continue to execute our profitable growth strategy and support our customers at the forefront of data center infrastructure, physical AI, critical defense programs, and power grid resilience.”