Overview

• Precision technologies provider's Q1 revenue grew 11% yr/yr, beating analyst expectations

• Adjusted EPS for Q1 beat analyst expectations

• Company raised full-year guidance and expanded share repurchase authorization to $500 mln

Outlook

• Ralliant sees Q2 2026 revenue of $540 mln to $556 mln

• Company raises full-year 2026 revenue outlook to $2.185 bln to $2.245 bln

• Ralliant expects full-year 2026 adjusted EPS of $2.53 to $2.69

Result Drivers

• DEFENSE & SPACE DEMAND - Growth in Defense & Space was driven by execution against a multi-year backlog from replenishment of missile and munitions programs

• TEST & MEASUREMENT RECOVERY - Test & Measurement segment returned to year-over-year growth as global demand accelerated, especially in communications and diversified electronics

• HIGHER EMPLOYEE COSTS - Operating profit margin and adjusted EBITDA margin declined, primarily due to higher employee costs

Company press release: ID:nBwWCkNba

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Revenue	Beat	$535 mln	$515.11 mln (10 Analysts)
Q1 Adjusted EPS	Beat	$0.57	$0.49 (12 Analysts)
Q1 EPS		$0.39
Q1 Adjusted Net Earnings	Beat	$65 mln	$53.25 mln (8 Analysts)

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the electronic equipment & parts peer group is "buy"

• Wall Street's median 12-month price target for Ralliant Corp is $47.50, about 4.2% below its May 11 closing price of $49.56

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