Enerpac Shares Plummet 9% Following Q3 Revenue Miss
Enerpac Tool Group Corp. recently reported its third-quarter earnings, and the results sent its stock tumbling by 9%. The company’s earnings per share (EPS) stood at $0.47, meeting analysts' expectations. However, its revenue fell short, registering $150.39 million, below the anticipated $155 million. This marks a 4% decrease compared to the same period last year.
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