Overview
- Shares rose about 9% after the company posted adjusted EPS of $1.26 versus $1.20 expected and revenue of $6.44 billion versus $6.32 billion forecast.
- Backlog reached a record $15 billion, up 13%, with management citing sustained demand in advanced data-center cooling and decarbonization solutions.
- Management guided to first-quarter adjusted EPS of $0.83 and fiscal 2026 adjusted EPS of $4.55, both above consensus estimates.
- Regional results showed continued strength in the Americas and solid growth in EMEA, while APAC declined on lower volumes in China.
- Orders increased 7% for the year, and adjusted gross margin expanded to 36.7% as adjusted gross profit rose to $2.365 billion.