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๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Adj. EPS: $3.68 (Est. $3.55) โ .
โข Revenue: ~$8.9B (Est. $8.53B) โ , +28% YoY.
โข GAAP EPS: $2.77.
โข Organic Sales Growth: +19% YoY.
โข Segment Operating Margin: 25.3%, +30 bps YoY, record high.
โข Operating Cash Flow: $1.31B.
โข Free Cash Flow: $1.03B.
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐
โข Q4 2026 Adj. EPS: $4.05โ$4.15, midpoint $4.10 (Est. $4.09) โ .
โข Q4 Organic Sales Growth: +13%โ15%.
โข Q4 Segment Margin: 25.4%โ25.8%.
โข FY2026 Adj. EPS: $13.70โ$13.80, midpoint $13.75 (Est. $13.60) โ .
โข FY2026 Organic Sales Growth: +13%โ15%, raised.
โข FY2026 Segment Margin: 24.1%โ24.5%.
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Q3 adjusted EPS beat consensus by ~3.7%, while revenue exceeded estimates by ~4%.
โข Electrical Americas revenue reached a record $4.2B, with organic growth of 22% and operating margin of 29.8%.
โข Electrical Global revenue surged 58% to $2.7B, including 27% organic growth and a 31% contribution from Boyd Thermal.
โข Electrical Americas orders increased 39% and Electrical Global orders surged 51% on a rolling 12-month basis.
โข Electrical Americas backlog grew 33% YoY, while Electrical Global backlog jumped 121%.
โข Electrical businesses maintained a 1.2x book-to-bill ratio.
โข Aerospace revenue increased 11% to $1.2B, with backlog up 33%.
โข Announced agreement to acquire COL Group, expanding European power distribution capabilities for data centers and utilities.
โข Record segment margins exceeded the high end of guidance, supported by higher volumes and operational improvements.
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๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
โWe delivered organic growth and segment margins above the high end of our guidance, driven by strong demand across our markets and continued momentum across our Electrical businesses.โ