Taylor Devices Reports Q1 Earnings Miss as Revenue Declines to $7.3 Million
Key Facts
Taylor Devices reported GAAP EPS of $0.14 for the first quarter, missing analyst estimates by $0.74. Seeking Alpha reported that the company's revenue came in at $7.3 million, missing expectations by $6.7 million and representing a 26.4% decline year-over-year.
TAYD closed at $54.97 on October 2, 2026, with the stock trading between a low of $48.6 and a high of $55.38 during that session. The disappointing financial performance follows a sharp decline in sales that led to a substantial miss compared to market expectations.
Latest Updates · 1
- Notable·
Update: Taylor Devices reported net earnings of $457,000 for the first quarter, marking a 79% decline compared to the previous year. Despite the lower earnings, the company reached a record order backlog valued between $52.8 million and $55.2 million.