Enerpac Tool Group Corp. (EPAC) reported a profit for third quarter that beat the Street estimates.
The company's bottom line totaled $22.0 million, or $0.41 per share. This compares with $22.6 million, or $0.41 per share, last year.
Excluding items, Enerpac Tool Group Corp. reported adjusted earnings of $0.51 per share for the period.
Analysts on average had expected the company to earn $0.47 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 5.5% to $158.7 million from $150.4 million last year.
Enerpac Tool Group Corp. earnings at a glance (GAAP) :
-Earnings: $22.0 Mln. vs. $22.6 Mln. last year.-EPS: $0.41 vs. $0.41 last year.-Revenue: $158.7 Mln vs. $150.4 Mln last year.
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