Shares of Taylor Gadgets, Inc. TAYD have gained 1.9% for the reason that firm reported its earnings for the quarter ended Feb. 28, 2025. This compares to the S&P 500 index’s 1.1% decline over the identical time-frame. Over the previous month, the inventory has gained 4.8% in opposition to the S&P 500’s 3.9% decline.
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For the fiscal third quarter ended Feb. 28, 2025, Taylor Gadgets reported earnings per share (EPS) of 64 cents, decrease than 82 cents a 12 months in the past.
Gross sales of $10.6 million mirrored a decline of 13.8% from $12.3 million within the prior-year quarter. Web earnings dropped 25.8% to $2 million in comparison with $2.7 million in the identical quarter final 12 months.
Taylor Gadgets, Inc. Value, Consensus and EPS Shock
Taylor Devices, Inc. price-consensus-eps-surprise-chart | Taylor Gadgets, Inc. Quote
Resilient Margins Regardless of Decrease Quantity
Regardless of year-over-year declines in each quarterly and year-to-date gross sales and earnings, administration emphasised the corporate’s capacity to keep up favorable gross margins. CEO Tim Sopko attributed this to steady enchancment initiatives and robust execution amid a various product combine. Though gross sales fell in need of final 12 months’s record-setting ranges, Sopko famous that fiscal 2025’s nine-month income surpassed the corporate’s second-highest mark set in fiscal 2023, reflecting some underlying power.
Administration Commentary Highlights Strategic Positioning
CEO Tim Sopko supplied context for the earnings decline, citing macroeconomic headwinds similar to excessive rates of interest and the U.S. Authorities’s Persevering with Decision, which can have weighed on order timing or buyer budgets. Nonetheless, he underscored the advantages of Taylor Gadgets’ market diversification technique and secure finish markets.
The agency order backlog rose to $33.3 million on the finish of February 2025, in comparison with $30.2 million a 12 months earlier, suggesting wholesome future demand and improved visibility into upcoming income. Sopko emphasised the corporate’s ongoing dedication to progress by funding in expertise, R&D, and services.
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