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Burnham Holdings Q2 revenue rises on higher demand for heating solutions

Burnham Holdings Q2 revenue rises on higher demand for heating solutions

ReutersReuters2026/07/23 20:08
By:Reuters


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.)

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