Reports Q2 revenue $277M, consensus $278.44M. Joseph Armes, CSW Industrials (CSW)’ Chairman, President, and Chief Executive Officer, commented, “I am very pleased to announce record revenue, net income, adjusted EBITDA, and adjusted EPS for the fiscal second quarter and first half of 2026. These results were driven by the outstanding performance of our recent acquisitions, which expanded our product offering in the HVAC/R and plumbing end markets. Upon the consummation of the MARS Parts acquisition expected in November, CSW will have invested an aggregate of $1.7 billion of capital in acquisitions over the past decade.” Armes continued, “Products recently added to the portfolio, that are used for repair versus replacement, innovative plumbing and HVAC/R electrical, were responsible for growth exceeding the end markets served. We expect to deliver record results for the full fiscal year in revenue, adjusted EBITDA, adjusted EPS, and operating cash flow.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSW:
- Citi lowers CSW Industrials target, opens ‘negative catalyst watch’
- CSW Industrials price target raised to $276 from $273 at Truist
- CSW Industrials price target lowered to $290 from $320 at JPMorgan
- CSW Industrials Acquires Motors & Armatures for $650M
- CSW Industrials to acquire MARS’ parts division for $650M
