Burnham Holdings Q2 revenue rises on higher demand for heating solutions
Reuters2026/07/23 20:08
Overview
U.S. boiler maker's Q2 revenue rose 6.8% yr/yr on higher demand and portfolio focus
Adjusted EPS from continuing operations more than doubled yr/yr in Q2
Gross profit margin improved to 23.1% from 21.6% in Q2 2025
Outlook
Company says it remains focused on disciplined execution and operational excellence in H2 2026
Result Drivers
PORTFOLIO FOCUS - Co said results benefited from strategic focus on core boiler and thermal solutions business
HIGH-EFFICIENCY DEMAND - Co cited increased demand for high-efficiency heating solutions as a driver of revenue and earnings growth
MARGIN IMPROVEMENT - Improved gross profit margin contributed to stronger profitability
Company press release: ID:nPn3kfVc4a
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q2 Sales |
|
$56.60 mln |
|
Q2 EPS |
|
$0.40 |
|
Q2 Net Income |
|
$1.93 mln |
|
Reuters Recommended Reads
July 23 - Honeywell Technologies raises 2026 profit forecast in first post-split earnings
July 23 - Dover's misses second-quarter revenue estimates
July 21 - Mueller Industries Q2 sales rise on higher volumes and prices
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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