MSA Safety reports Q2 adjusted EPS $1.93, consensus $1.75

Reports Q2 revenue $474M, consensus $446.78M. “Our Q2 financial performance demonstrates our team’s commitment to our Accelerate strategy and creating long-term value for our stakeholders,” said CEO Steve Blanco. “Although we had a difficult comparison within our broader portfolio, leveraging the MSA Business System enabled strong backlog conversion of key customer orders, and we are energized by the momentum in our growth accelerator product categories of detection and fall protection. Lastly, we deployed capital for the acquisition of M&C TechGroup to expand our addressable market in detection, further diversify our end markets, and create a synergistic platform for growth in the gas analysis and process safety markets.”