Csw Industrials Inc Stock Price, News & Analysis

CSW Industrials reported strong fiscal Q2 and first half results ended September 30, 2021, with total revenue up 48% to $155.6 million. Organic growth was 15%, and GAAP net income rose to $18 million, or $1.14 per diluted share. EBITDA grew 33% to $33.8 million, with a margin of 22%. The TRUaire manufacturing facility in Vietnam faced pandemic-related operational reductions, impacting profitability by $1.4 million. For Q3 and Q4 fiscal guidance, EBITDA is estimated between $17-18.5 million and $33-35 million respectively, with EPS guidance at $0.40-0.45 and $1.10-1.20.

CSW Industrials (CSWI) will announce its fiscal 2022 second-quarter earnings on November 3, 2021, before market opening. A conference call will follow at 10:00 a.m. Eastern Time to discuss the results. Participants can join the call via phone or through a live webcast. The call replay will be available until November 17, 2021. CSW Industrials operates in three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions, serving markets like HVAC/R, plumbing, and energy.

CSW Industrials (CSWI) announced a quarterly cash dividend of $0.15 per share. The dividend will be payable on November 12, 2021, to shareholders on record as of the close of business on October 29, 2021. The company operates in diversified industrial sectors, serving markets such as HVAC/R, plumbing, and electrical. CSWI emphasizes performance and reliability with its product offerings. This dividend declaration reflects the company’s commitment to returning value to shareholders.

CSW Industrials reported a robust fiscal first quarter 2022, ending June 30, with total revenue soaring 77% to $161.3 million compared to $91.0 million in the previous year. Organic growth accounted for 40% of this increase. Adjusted EPS rose 80% to $1.46, with adjusted EBITDA up 108% to $40.5 million. All segments reported organic growth, with the Contractor Solutions segment achieving 121% total growth driven by the TRUaire acquisition. Despite inflation impacting profit margins, the company maintains a strong outlook for sustained long-term growth.

CSW Industrials (NASDAQ: CSWI) will release its fiscal Q1 earnings results for the period ending June 30, 2021, on August 4, 2021, before the market opens. A conference call is scheduled for the same day at 10:00 a.m. ET to discuss these results. Interested parties can join the call by dialing 1-855-327-6837, or 1-631-891-4304 for international access. A live webcast will be available, and a replay will be accessible until August 18, 2021.

CSWI is a diversified industrial growth company, providing optimized solutions across Industrial Products and Specialty Chemicals, serving various markets including HVAC/R and energy.

The Board of Directors of CSW Industrials declared a quarterly cash dividend of $0.15 per share, payable on August 13, 2021, to shareholders of record as of July 29, 2021. This announcement reflects the company’s ongoing commitment to returning value to its shareholders. CSWI is recognized as a diversified industrial growth company with expertise in Industrial Products and Specialty Chemicals, offering solutions across multiple markets such as HVAC/R, plumbing, and mining.

CSW Industrials (CSWI) has appointed Mark N. Bass as Vice President and General Manager of its Specialty Chemicals segment, effective immediately. Bass brings substantial experience, having previously served as President, North America for Birla Carbon, overseeing various operations and functions. His focus will be on driving profitable growth and enhancing customer service. He succeeds Craig Foster, who is leaving the company. CSWI operates in two segments: Industrial Products and Specialty Chemicals, offering products across multiple markets, including HVAC/R, industrial, and mining.

CSW Industrials reported impressive fiscal fourth quarter results, with a 35.4% revenue increase to $133.4 million and an adjusted EBITDA rise of 50.5% to $30.9 million. Despite GAAP net income declining to $9.6 million or $0.61 per share, adjusted EPS improved to $0.88. Full-year revenue also grew 8.6% to $419.2 million. The company noted challenges from rising commodity prices but emphasized its strong balance sheet and ongoing TRUaire integration, aiming for sustainable long-term growth. A 11.1% dividend increase to $0.15 per share was also declared.

CSW Industrials, Inc. (NASDAQ: CSWI) will release its fiscal fourth quarter and full year earnings results on May 20, 2021, prior to market opening. A conference call to discuss these results will occur on the same day at 10:00 a.m. ET. Participants can join the call by dialing 1-877-407-0784, with international callers using 1-201-689-8560. A live webcast is also available on the company's website. Additionally, a telephonic replay will be available following the call until June 3, 2021.