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Enerpac Tool Group Corp (NYSE: EPAC) |
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Enerpac Tool Group Corp Outlook |
On October 16 2024 the Enerpac Tool Group Corp provided following guidance
nnCorrection Notice: Enerpac Tool Group Corp. Reports Fourth Quarter and Full-Year Fiscal 2024 Results; Offers Outlook for Fiscal 2025nn
Enerpac Tool Group Corp. has provided a comprehensive overview of its financial expectations for fiscal year 2025. The company forecasts that its adjusted EBITDA will fall within the range of $150 million to $160 million. Additionally, it anticipates generating free cash flow between $85 million and $95 million for the upcoming fiscal year.
In a prior press release disseminated yesterday under the same headline, an error occurred in the Outlook section. The third paragraph should have read: Forecasted adjusted EBITDA is $150 million to $160 million, with anticipated free cash flow of $85 million to $95 million. This differs from the incorrectly stated Forecasted adjusted EBITDA is $150 million to $160 million, with anticipated free cash flow of $89 million to $99 million.
The corrected figures regarding free cash flow, projected at $85 million to $95 million, are in alignment with the financial tables presented in the original release, as well as the accompanying presentation and slides from the earnings call conducted earlier today. Below is the updated and corrected information for your consideration:,
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On October 15 2024 the Enerpac Tool Group Corp provided following guidance
nnEnerpac Tool Group Corporation Reports Fourth Quarter and Full-Year Results for Fiscal Year 2024; Announces Financial Projections for Fiscal Year 2025nn
Enerpac Tool Group Corporation has released its financial results for the fourth quarter and the entirety of fiscal year 2024, while also outlining its expectations for fiscal year 2025. While the company has shared insights into its performance and strategies moving forward, specific details regarding financial guidance for the upcoming fiscal year are not encompassed within the provided summary. For comprehensive insights into the financial outlook for fiscal 2025, stakeholders are encouraged to consult the complete earnings report.
nnHighlights from Continuing Operations in Fiscal Year 2024nn,
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On March 20 2024 the Enerpac Tool Group Corp provided following guidance
During the second quarter of fiscal 2024, Enerpac Tool Group Corp. reported strong financial results, with revenue and earnings both exceeding expectations. The company's revenue growth was driven by increased demand for its products and services across all business segments.
The company's operating performance also showed improvement, with operating profit margin expanding as a result of cost-saving initiatives and operational efficiencies. Enerpac Tool Group Corp. remains focused on driving profitable growth and creating value for its shareholders.
Looking ahead, the company is confident in its full-year guidance and expects to continue delivering strong results throughout the remainder of fiscal 2024. Enerpac Tool Group Corp. is committed to executing its strategic initiatives and capitalizing on growth opportunities in order to drive long-term value for its stakeholders.
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