NYSE$CSW
Csw Industri Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Reported record revenue, EPS and EBITDA, driven by organic growth and strategic acquisitions.
CSW Industrials reported a strong fiscal third quarter with record revenue of $171.1 million, a 26% increase year-over-year, and net income attributable to CSWI increased 68% to $15.6 million. The company's EPS improved 71% to $1.01, including a one-time tax benefit of $0.10 per share, and EBITDA increased 47% to $31.2 million.
- Total revenue increased 26% to $171.1 million, with organic growth contributing 17%.
- Net income attributable to CSWI increased 68% to $15.6 million.
- Earnings per diluted share (EPS) improved 71% to $1.01, including a one-time tax benefit of $0.10 per share.
- EBITDA increased 47% to $31.2 million, equating to an 18% EBITDA margin.
Headline financials
Revenue & EPS history
Csw Industri · Revenue · Quarterly
$171M
Revenue by segment
Csw Industri · $311M total across 3 segments · Q4 2026
- Contractor Solutions$237M—76.2%
- Specialized Reliability Solutions$46.2M—14.9%
- Engineered Building Solutions$27.7M—8.9%
Forward guidance
The company expects year-over-year revenue growth of approximately 20% with an EBITDA margin of over 22% for the full year. These full-year expectations imply fourth quarter revenue growth of approximately 9% as compared to the same period last year, with an EBITDA margin of approximately 23% in the fourth quarter.
Tailwinds
- Expects year-over-year revenue growth of approximately 20% for the full year.
- Anticipates an EBITDA margin of over 22% for the full year.
- Implies fourth quarter revenue growth of approximately 9% as compared to the same period last year.
- Projects an EBITDA margin of approximately 23% in the fourth quarter.
- Demand for our high-value products remains strong
Headwinds
- Economic headwinds
- Managing costs while pursuing market share growth
- Shift in revenue to lower margin projects
- Increased spending on third-party sales commissions that accompany higher revenue
- Increased employee compensation expenses
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 Q3 2023
+0.6%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+3.8%
Avg return
30 days after
55%
27 / 49 earnings
Positive
+13.1%
Q2 2019
Best reaction
-8.5%
Q3 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +0.3% | -0.3% | — | |
| 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% | |
| Q4 2016 | -2.6% | -7.1% | -3.0% | |
| Q1 2015 | -2.6% | -7.1% | -3.0% | |
| Q3 2016 | -8.5% | — | — | |
| Q3 2015 | -8.5% | — | — | |
| Q4 2015 | -2.8% | — | — | |
| Q2 2016 | -2.8% | — | — | |
| Q2 2015 | -2.8% | — | — |
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