NYSE$CSW

Csw Industri Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported strong revenue growth driven by strategic acquisitions and organic expansion.

CSW Industrials reported a strong second quarter in fiscal year 2022, marked by a 48% increase in total revenue to $155.6 million and a diluted EPS of $1.14. The company's performance was bolstered by the TRUaire acquisition and organic growth across all segments, despite challenges from rising costs and supply chain disruptions. Management is also providing guidance for the second half of fiscal year 2022.

  • Total revenue increased by 48% to $155.6 million compared to the previous year.
  • Organic revenue growth was 15%, with all segments reporting growth.
  • Diluted EPS attributable to CSWI increased to $1.14, compared to $1.10 in the prior year.
  • EBITDA grew by 33% to $33.8 million, resulting in a 22% EBITDA margin.

Headline financials

Total Revenue

$156M

Previous: $105M+48.3%
EPS (adj)

$1.14

Previous: $1.10+3.6%
Net Income

$18M

Previous: $16.4M+10.0%
Operating Income

$25.9M

Previous: $22.2M+16.7%
Gross Profit

$63.1M

Previous: $48.7M+29.4%
Cash & Equivalents

$17.3M

Previous: $47.3M-63.4%
Total Assets

$903M

Previous: $392M+130.6%

Revenue & EPS history

Csw Industri · Revenue · Quarterly

$156M

Q2 2022+48.3%vs Q2 2021
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Csw Industri · $311M total across 3 segments · Q4 2026

  • Contractor Solutions
    $237M
  • Specialized Reliability Solutions
    $46.2M
  • Engineered Building Solutions
    $27.7M

Forward guidance

CSWI provided consolidated guidance for the fiscal 2022 third and fourth quarters, citing current economic volatility, rapidly rising material and freight costs, and the lag in the effectiveness of pricing initiatives.

Headwinds

  • EBITDA range of $17.0 million to $18.5 million for the third quarter.
  • EPS range of $0.40 to $0.45 for the third quarter.
  • EBITDA range of $33.0 million to $35.0 million for the fourth quarter.
  • EPS range of $1.10 to $1.20 for the fourth quarter.
  • Economic volatility, rapidly rising material and freight costs, and the lag in the effectiveness of pricing initiatives.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+0.6%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+3.8%

Avg return

30 days after

54%

26 / 48 earnings

Positive

+13.1%

Q2 2019

Best reaction

-8.5%

Q3 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026
Q3 2026-8.5%-12.9%-1.9%
Q2 2026+1.4%-2.4%+11.4%
Q1 2026-3.9%-10.7%-1.6%
Q4 2025-3.8%-0.3%-10.4%
Q3 2025-5.0%-7.4%-11.4%
Q2 2025-2.8%+0.3%+16.3%
Q1 2025+5.1%-0.3%+12.7%
Q4 2024+5.7%+4.6%+7.2%
Q3 2024+4.2%+4.4%+8.0%
Q2 2024-0.3%-1.6%+3.7%
Q1 2024+0.1%+3.4%+2.4%
Q4 2023+7.9%+7.7%+19.6%
Q3 2023+3.3%+4.2%+4.9%
Q2 2023-1.0%-4.6%-3.2%
Q1 2023+5.9%+13.2%+6.7%
Q4 2022-3.3%-2.3%-9.8%
Q3 2022+0.8%+2.6%+6.4%
Q2 2022-6.7%-2.0%-14.8%
Q1 2022+3.3%+7.1%+9.5%
Q4 2021+2.5%+0.7%-5.5%
Q3 2021+2.7%+2.3%+4.3%
Q2 2021+6.4%+7.0%+29.8%
Q1 2021+10.0%+9.8%+17.2%
Q4 2020+1.3%+0.9%+3.5%
Q3 2020-1.3%-5.7%-5.8%
Q2 2020+3.8%+4.5%+4.4%
Q1 2020+1.3%+2.9%+0.2%
Q4 2019+7.6%+6.9%+13.2%
Q3 2019+6.3%+5.0%+6.5%
Q2 2019+13.1%+10.6%+7.1%
Q1 2019-3.4%-1.2%+3.2%
Q4 2018+4.4%+6.7%+13.5%
Q3 2018+2.5%+1.8%+4.6%
Q2 2018-3.2%-4.9%-2.9%
Q1 2018+2.7%+5.2%+8.3%
Q4 2017+3.3%+0.5%+7.5%
Q3 2017-1.1%+0.3%-1.5%
Q2 2017+3.1%+5.8%+8.6%
Q1 2016-4.5%-7.6%-6.2%
Q1 2017+3.0%+2.2%+7.4%
Q4 2014-2.6%-7.1%-3.0%
Q1 2015-2.6%-7.1%-3.0%
Q4 2016-2.6%-7.1%-3.0%
Q3 2016-8.5%
Q3 2015-8.5%
Q2 2015-2.8%
Q4 2015-2.8%
Q2 2016-2.8%

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