- Significant Earnings Miss: Taylor Devices (NASDAQ: TAYD) reported fiscal Q1 2027 earnings of $0.14 per share, substantially below the estimated $0.92, with revenue of $7.30 million also falling short of the $13.10 million estimate.
- Sales Decline and Profit Pressure: Sales for the quarter were down 26% year-over-year, and net earnings plummeted 79% to $457,000, attributed to delayed sales, lower sales volume, and product mix.
- Strong Backlog Amidst Shortfall: Despite the earnings shortfall, Taylor Devices cited a record backlog of $52.80 million to $55.20 million, suggesting robust future demand, while its trailing price-to-earnings ratio stands at 25.33 and current ratio at 8.66.
Taylor Devices (NASDAQ: TAYD), a company specializing in products that protect buildings and other structures from movement and vibration, reported its fiscal 2027 first-quarter results before the market opened on October 2, 2026. The company’s earnings were $0.14 per share, significantly below the $0.92 estimate provided by analysts. Revenue also disappointed, coming in at approximately $7.30 million, which fell short of the $13.10 million estimate.
Sales for Taylor Devices were down 26% from a year earlier. As highlighted by Zacks, its $0.14 in adjusted earnings per share also missed the Zacks Consensus Estimate of $0.93, compared with $0.70 a year earlier. Zacks reports that Taylor Devices has missed both earnings and revenue estimates for four straight quarters, raising concerns among investors regarding the company’s financial performance.
The company reported net earnings of $457,000, a sharp decline of 79% from $2.20 million a year earlier. CEO Tim Sopko explained that orders received late in fiscal 2026 delayed related sales beyond the first quarter. He also cited lower sales volume and the mix of products sold, including new-product development work, as pressures on profit. These factors collectively impacted Taylor Devices’ profitability during the quarter.
Backlog—orders received but not yet recorded as sales—offers a different view of demand for Taylor Devices’ specialized products. The company cited a record $52.80 million backlog, while another supplied figure indicated $55.20 million. As highlighted by Seeking Alpha, one analyst argues that project timing, rather than weaker demand, explains the shortfall and points to operating cash flow and working-capital changes as signs of ongoing activity, suggesting underlying strength in the company’s business.
Taylor Devices’ trailing price-to-earnings ratio is 25.33, meaning its share price equals 25.33 times its earnings over the past year. Its price-to-sales ratio is 4.53. Its current ratio is 8.66, meaning current assets are 8.66 times current liabilities, a robust measure of its ability to cover near-term obligations and a key indicator for potential investors.
