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Enerpac: Fiscal Q4 Earnings Snapshot
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MILWAUKEE (AP) — MILWAUKEE (AP) — Enerpac Tool Group Corp. (EPAC) on Wednesday reported fiscal fourth-quarter net income of $24.4 million.

The Milwaukee-based company said it had profit of 47 cents per share. Earnings, adjusted for one-time gains and costs, were 53 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.

The industrial products company posted revenue of $185.7 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $173.1 million.

For the year, the company reported profit of $89.7 million, or $1.72 per share. Revenue was reported as $652.3 million.

Enerpac expects full-year earnings in the range of $2 to $2.15 per share, with revenue in the range of $825 million to $845 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EPAC at https://www.zacks.com/ap/EPAC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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