NYSE$MSA
MSA Safety Incorporated · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Achieved strong sales and earnings growth, with an increased full-year sales growth outlook.
MSA Safety Incorporated reported strong second-quarter results with a 20% increase in net sales year-over-year, driven by broad-based strength across its product portfolio and regions. The company is increasing its full-year sales growth outlook to low double-digits.
- Net sales reached $447 million, a 20% increase year-over-year.
- GAAP operating income was $95 million, or 21.2% of sales, and adjusted operating income was $104 million, or 23.2% of sales.
- GAAP net income was $67 million, or $1.70 per diluted share, and adjusted earnings were $72 million, or $1.83 per diluted share.
- The company repaid $59 million of debt, improving net leverage to 1.7x.
Headline financials
Revenue & EPS history
MSA · Revenue · Quarterly
$447M
Forward guidance
MSA Safety is increasing its sales growth outlook to low double-digits for the full year and remains focused on delivering healthy margins and cash flow generation.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
+1.4%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+0.8%
Avg return
30 days after
62%
42 / 68 earnings
Positive
+11.8%
Q1 2017
Best reaction
-8.5%
Q3 2013
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.8% | +3.0% | -2.1% | |
| Q4 2025 | +3.2% | +2.7% | -9.9% | |
| Q3 2025 | +4.0% | -4.1% | -0.9% | |
| Q1 2025 | +2.0% | +0.9% | +5.6% | |
| Q4 2024 | +0.2% | -2.0% | -7.7% | |
| Q3 2024 | -1.5% | -1.4% | +3.3% | |
| Q2 2024 | -1.7% | -3.4% | -9.3% | |
| Q1 2024 | -4.4% | -2.6% | -5.4% | |
| Q4 2023 | +1.7% | +1.9% | +4.6% | |
| Q3 2023 | +7.6% | +6.5% | +12.3% | |
| Q2 2023 | +7.8% | +5.6% | +8.9% | |
| Q1 2023 | +2.1% | +3.4% | +6.0% | |
| Q4 2022 | +2.1% | +2.7% | -5.4% | |
| Q3 2022 | +11.0% | +13.4% | +20.0% | |
| Q2 2022 | -4.5% | -0.6% | -5.8% | |
| Q1 2022 | +0.0% | -2.4% | +6.4% | |
| Q4 2021 | +0.9% | -0.5% | -1.7% | |
| Q3 2021 | -0.9% | -4.1% | -2.7% | |
| Q2 2021 | +1.3% | -0.4% | -1.6% | |
| Q1 2021 | +1.0% | +2.1% | +5.9% | |
| Q4 2020 | -0.5% | +0.2% | -6.6% | |
| Q3 2020 | -6.0% | -3.0% | +6.6% | |
| Q2 2020 | +1.7% | +2.3% | +6.5% | |
| Q1 2020 | +8.0% | +8.2% | +14.1% | |
| Q4 2019 | -5.7% | -7.9% | -31.0% | |
| Q3 2019 | -1.5% | +3.5% | +7.9% | |
| Q2 2019 | -3.9% | -3.2% | -8.9% | |
| Q1 2019 | -2.1% | +2.0% | -3.7% | |
| Q4 2018 | +3.7% | +2.4% | -1.6% | |
| Q3 2018 | +9.9% | +7.8% | +8.7% | |
| Q2 2018 | +0.1% | +0.9% | +1.7% | |
| Q1 2018 | -1.1% | -2.5% | +2.1% | |
| Q4 2017 | +3.4% | +7.7% | +4.6% | |
| Q3 2017 | +2.2% | +0.6% | -1.8% | |
| Q2 2017 | -7.5% | -9.4% | -8.1% | |
| Q1 2017 | +11.8% | +7.6% | +9.6% | |
| Q4 2016 | +1.3% | +3.5% | -1.5% | |
| Q3 2016 | -0.5% | +2.0% | +13.9% | |
| Q2 2016 | -0.2% | -2.9% | -0.4% | |
| Q1 2016 | -4.1% | — | — | |
| Q4 2015 | +0.7% | — | — | |
| Q3 2015 | -6.3% | — | — | |
| Q2 2015 | +11.5% | — | — | |
| Q1 2015 | -4.0% | — | — | |
| Q4 2014 | +7.4% | — | — | |
| Q3 2014 | -1.9% | — | — | |
| Q2 2014 | -1.5% | — | — | |
| Q1 2014 | -0.7% | — | — | |
| Q4 2013 | +8.7% | — | — | |
| Q3 2013 | -8.5% | — | — | |
| Q2 2013 | +6.0% | — | — | |
| Q1 2013 | -5.1% | — | — | |
| Q4 2012 | +10.7% | — | — | |
| Q3 2012 | +4.3% | — | — | |
| Q2 2012 | +0.5% | — | — | |
| Q1 2012 | +0.8% | — | — | |
| Q4 2011 | +2.2% | — | — | |
| Q3 2011 | +10.6% | — | — | |
| Q2 2011 | +3.7% | — | — | |
| Q1 2010 | +9.8% | — | — | |
| Q1 2011 | +2.2% | — | — | |
| Q4 2010 | -3.7% | — | — | |
| Q4 2008 | -3.7% | — | — | |
| Q3 2010 | +4.5% | — | — | |
| Q3 2009 | +4.5% | — | — | |
| Q2 2009 | +0.8% | — | — | |
| Q4 2009 | +0.8% | — | — | |
| Q2 2010 | +0.8% | — | — |
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