STOCK TITAN

ESAB Corporation (ESAB) Stock News, Dec 2022-Jul 2023

ESAB NYSE

ESAB Corporation reports company news tied to its industrial equipment and consumables business for welding, cutting and joining applications. Updates include operating and financial results, dividend declarations, capital-structure actions, and governance changes at the public-company level.

Company announcements also cover product and portfolio developments within ESAB-backed gas control businesses, including GCE Specialty, GCE Medical and GCE Industrial equipment for specialty, medical and industrial applications.

Rhea-AI Summary

Summary not available.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
Tags
conferences earnings
-
Rhea-AI Summary

Summary not available.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
conferences
-
News
Rhea-AI Summary

Summary not available.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
dividends
Rhea-AI Summary

Summary not available.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
Tags
-
Rhea-AI Summary

ESAB Corporation, a leader in connected fabrication and gas control technology, will announce its Q1 2023 financial results on May 2, 2023. The release will be followed by a public conference call at 8:00 a.m. Eastern, accessible to U.S. and international callers. Interested parties can join by phone or via webcast on the ESAB website.

Detailed financial information will be available beforehand in the Investors section of the ESAB website. A replay of the call will also be provided later that day, ensuring transparency and accessibility for stakeholders.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
conferences earnings
-
Rhea-AI Summary

Summary not available.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
none
Rhea-AI Summary

ESAB Corporation (NYSE: ESAB) reported strong financial results for Q4 2022, with a 6% increase in sales to $664 million and core organic growth of 11%. The company achieved a diluted EPS of $0.97 and core adjusted EPS of $1.05, with net income from continuing operations of $59 million. Core adjusted EBITDA rose 10% to $107 million. ESAB completed key acquisitions, Swift-Cut and Therapy Equipment, enhancing its fabrication and gas control technology. For 2023, the company projects core organic growth of 3% to 5% and adjusted EBITDA of $420 to $440 million, showing confidence in its continued momentum and market position.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.65%
Tags
-
News
Rhea-AI Summary

ESAB Corporation (NYSE: ESAB) has declared a quarterly cash dividend of $0.05 per share, payable on April 14, 2023. Shareholders of record by March 31, 2023 will receive this dividend. Founded in 1904, ESAB is a leader in connected fabrication technology and gas control solutions, operating globally with approximately 9,000 associates in about 150 countries. The company emphasizes innovation and aims to shape the future through its business system, EBX.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.03%
Tags
dividends
-
Rhea-AI Summary

ESAB Corporation (NYSE: ESAB) will release its fourth-quarter 2022 financial results on March 7, 2023, at 8:00 a.m. Eastern Time. A conference call will follow to discuss the results, accessible by calling +1-888-550-5302 (U.S.) or +1-646-960-0685 (International) and using conference ID 4669992. The call will also be available via webcast on ESAB's website. Financial results and supporting information will be posted under the 'Investors' section prior to the call, with a replay available later that day.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.13%
Tags
conferences earnings
News
Rhea-AI Summary

ESAB Corporation (NYSE: ESAB) has declared a quarterly cash dividend of $0.05 per share for its common stock. This dividend is scheduled for payment on January 13, 2023 to shareholders recorded as of December 30, 2022. The company is recognized as a leader in fabrication and gas control technology, providing advanced equipment and digital solutions that contribute significantly to various sectors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.26%
Tags
dividends

FAQ

What is the current stock price of ESAB Corporation (ESAB)?

ESAB Corporation (ESAB) last closed at $83.25.

What is the market cap of ESAB Corporation (ESAB)?

The market cap of ESAB Corporation (ESAB) is approximately $5.2B.