Companies /Industrials

Ennis Inc

NYSE: EBF Specialty Business Services
$22.55
▲ $0.04 (+0.18%) today
Markets closed · 5:34am ET

Q2 2027 Earnings

Reported Sep 21, 2026, 9:56am ET · SEC source
$0.37
Miss −5.13%
EPS · est. $0.39 GAAP

Current quarter includes a $700,000 litigation charge related to a $2.3 million preliminary ruling in the B&D Litho lease litigation. Prior-year quarter included a $5.3 million favorable litigation judgment.

$102.0M
Beat +2.16%
Revenue · est. $99.9M
1 quarter
Consecutive EPS misses

Market Reaction

% change · around the report
−2%0+2%Sep 21Sep 22report 9:56am ETearnings+0.8%+3.0%
−2%0+2%Sep 21Sep 22earnings+0.8%+3.0%
EBF +3.0%S&P 500 +0.8%
−2%0+2%Sep 21Sep 22report 9:56am ETearnings+2.0%+3.0%
−2%0+2%Sep 21Sep 22earnings+2.0%+3.0%
EBF +3.0%NASDAQ +2.0%
0+3%+6%Sep 21Sep 29report 9:56am ETearnings−0.4%+4.1%
0+3%+6%Sep 21Sep 29earnings−0.4%+4.1%
EBF +4.1%S&P 500 −0.4%
0+3%+6%Sep 21Sep 29report 9:56am ETearnings+0.9%+4.1%
0+3%+6%Sep 21Sep 29earnings+0.9%+4.1%
EBF +4.1%NASDAQ +0.9%
+0.80%
Day of report
+2.75%
Next session
+4.28%
One week

Did EBF Beat Earnings? Q2 2027 Results

Ennis, Inc. delivered a mixed fiscal second quarter for 2027, beating on revenue while falling short on the bottom line as litigation noise clouded an otherwise steady operating performance. The printed-products maker posted revenue of $102.01 million for the quarter ended August 31, 2026, up 3.4% year-over-year and ahead of the $99.85 million consensus by 2.16%, with recent acquisitions contributing roughly $2.30 million to the top line. GAAP diluted EPS of $0.37, however, missed the $0.39 analyst estimate by 5.13%, weighed down by a $700,000 charge tied to a $2.30 million preliminary ruling in the B&D Litho lease litigation; the year-ago quarter, by contrast, had benefited from a $5.30 million favorable litigation judgment. CEO Keith Walters noted that underlying operating momentum remained intact, and the company intends to contest the ruling through post-trial and appellate remedies. On a brighter note, the Board raised the quarterly dividend 5% to $0.26 per share, and the balance sheet closed the period debt-free with $54.01 million in cash.

Key Takeaways
  • Revenue increased 3.3% year-over-year driven by acquisitions and organic growth
  • Acquisitions completed during fiscal 2026 contributed approximately $2.3 million in quarterly revenue and $0.01 to diluted EPS
  • Gross profit margin declined to 29.9% from 30.5% due to higher carbonless paper costs
  • Excluding litigation items in both quarters, diluted EPS increased by $0.02 year-over-year
  • Operating cash flow for the six-month period nearly doubled to $34.1 million from $18.4 million

“Our performance for the quarter met our expectations. Revenues increased 3.3% over the prior-year quarter and 2.4% for the first six months of the year compared to the same period last year.”

Ennis CEO, on the earnings call

Forward Guidance & Outlook

Management expects no disruption to customer service, product availability, or product quality from the closure of the sole domestic carbonless paper producer, having developed alternative supply sources and received shipments from new suppliers. The company continues to pursue acquisition opportunities and intends to contest the $2.3 million preliminary ruling in the B&D Litho lease litigation through all available post-trial and appellate remedies.

EBF YoY Financials

Q2 2027 vs Q2 2026 · SEC filings Q2 2026 Q2 2027
$0$30.0M$60.0M$90.0M$98.7M$102.0MRevenue$30.1M$30.5MGross Profit$12.4M$13.6MOperating Income$13.2M$9.4MNet Income
$0$30.0M$60.0M$90.0MRevenueGross ProfitOperating IncomeNet Income

Figures from SEC filings and company reports. Not investment advice.