Forgent Power Solutions reports Q1 FY2027 results, raises FY outlook but shares slip 4% pre‑market
Forgent Power Solutions posted Q1 fiscal 2027 adjusted earnings of $0.24 per share on revenue of $479 million, a 69% year‑over‑year increase. Net income rose 252% to $55 million and adjusted EBITDA grew 61% to $105 million. The company lifted its full‑year adjusted EPS guidance to $1.30‑$1.44 and revenue guidance to $2.45‑$2.65 billion, but the midpoints fell slightly short of analyst consensus. Shares fell about 4% in pre‑market trading following the release.
Why it matters
The stock decline shows investors are weighing the guidance shortfall against the strong quarter, which may keep short‑term price pressure on FPS. The raised outlook still leaves the company below consensus, influencing analyst expectations and future trading activity.
Key facts
- 1Adjusted earnings per share for Q1 FY2027 were $0.24. investing.com
- 2Quarterly revenue was $479 million, up 69% YoY from $283 million. investing.com
- 3Net income for the quarter was $55 million, up 252% YoY. investing.com
- 4Adjusted EBITDA for the quarter was $105 million, up 61% YoY. investing.com
- 5Full‑year adjusted EPS guidance was raised to a range of $1.30 to $1.44, with a midpoint of $1.37. investing.com
- 6Full‑year revenue guidance was increased to $2.45 billion to $2.65 billion, with a midpoint of $2.55 billion. investing.com
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.