Standex (SXI) Q4 Results: Anticipated Outcomes

Standex Set to Announce Earnings: What Investors Should Know

Standex (NYSE:SXI), a leading industrial manufacturer, is scheduled to release its earnings report this Thursday after the market closes. Here’s a summary of what to watch for.

In the previous quarter, Standex surpassed Wall Street’s revenue projections by a slight margin, posting $217.4 million in sales—a 27.6% increase compared to the same period last year. However, while revenue edged past expectations, the company fell short on EBITDA forecasts, making for a mixed performance.

Curious whether Standex is a good investment ahead of its earnings release?

Analyst Expectations for the Upcoming Quarter

For this quarter, analysts predict Standex will achieve $219.7 million in revenue, reflecting a 15.7% year-over-year increase—an acceleration from the 6.4% growth seen in the same period last year. Adjusted earnings per share are anticipated to reach $1.99.

Standex Total Revenue

Over the past month, most analysts have maintained their forecasts for Standex, indicating confidence in the company’s direction as it approaches its earnings announcement. Notably, Standex has missed revenue expectations four times in the last eight quarters.

Industry Peers: Recent Performance

Several companies in the industrial machinery sector have already shared their Q4 results, offering some context for Standex’s upcoming report. Graco recorded an 8.1% rise in revenue, aligning with analyst estimates, while GE Aerospace saw revenues climb 17.6%, beating projections by 13.9%. Following these announcements, Graco’s stock rose by 1%, whereas GE Aerospace’s shares declined by 7.7%.

For a deeper dive, read our detailed reviews of Graco’s performance and GE Aerospace’s results.

Market Sentiment and Price Targets

The industrial machinery sector has seen positive momentum recently, with average share prices rising 9.3% over the past month. Standex’s stock has gained 8.1% in the same period. Heading into earnings, the consensus analyst price target for Standex stands at $261.40, compared to its current price of $244.97.