EarningsShares increased 15% on the day of trading on solid second-quarter results, with adjusted EPS of $0.86 above consensus of $0.79, and revenue of $963 million above consensus of $908 million.
Revenue GrowthRevenue increased 30% year-over-year and 9% organically, indicating strong growth.
Strategic AcquisitionsThe acquisition of Electrical Products Group is expected to be accretive to adjusted EPS in the first year following the completion of the transaction.