Ralliant Q3 revenue beats estimates, lifts 2026 outlook

By Reuters News


Overview

  • US precision technologies provider's Q3 revenue rose 17% yr/yr, beating analyst expectations

  • Adjusted EPS for Q3 beat analyst expectations

  • Company raised full-year 2026 guidance after exceeding Q3 expectations


Outlook

  • Ralliant sees Q4 revenue between $620 mln and $640 mln

  • Company raises FY 2026 revenue guidance to $2.34 bln to $2.36 bln

  • Company sees FY 2026 adjusted EPS of $3.10 to $3.16


Result Drivers

  • CUSTOMER INVESTMENT - Co said revenue growth was driven by increased customer investment in defense, power grid modernization and AI enablement

  • OPERATING LEVERAGE - Margin expansion attributed to higher volumes, pricing, increased defense margins and productivity savings

  • BACKLOG EXECUTION - Co said growth in Defense & Space segment was supported by execution against a multi-year backlog and record orders in utilities


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Beat

$620 mln

$585.66 mln (9 Analysts)

Q3 Adjusted EPS

Beat

$0.93

$0.77 (10 Analysts)

Q3 EPS

$0.77

Q3 Adjusted Net Earnings

Beat

$104 mln

$82.63 mln (7 Analysts)


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

  • Wall Street's median 12-month price target for Ralliant Corporation is $81.00, about 13.6% above its November 3 closing price of $71.31


Reuters Recommended Reads

  • Nov 3 - Eaton Q3 sales, EPS beat estimates on strong demand

  • Nov 3 - Regal Rexnord Q3 sales beat estimates on data center demand

  • Nov 3 - AMETEK Q3 sales beat estimates, raises outlook


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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