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ELAN beats and raises guidance on key metrics, Stephanie Link notes

ELAN beats and raises guidance on key metrics, Stephanie Link notes
ELAN posts best organic growth quarter

Stephanie Link, managing director and portfolio manager at Hightower Advisors, highlights that ELAN reported its best organic growth quarter since becoming a public company.

The company posted 10% organic growth, a 24.5% EBITDA margin, and 8% year-over-year EPS growth, while also lowering its net leverage to 3.5 times adjusted EBITDA.

Link has recently tracked bank lending trends, reporting that U.S. bank loans climbed for the eighth straight week to a record high. She also noted double-digit growth in Power’s AI segment and a 37% year-over-year increase in its backlog. The updates come amid a series of strong quarterly results across multiple sectors.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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