Enerpac: Fiscal Q4 Earnings Snapshot

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.

_____

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