Esco Technologies Inc Reports Results For The Quarter Ended In December: Earnings Summary

Esco Technologies

08/02/2023 22:48

* ESCO Technologies Inc  ESE.N  reported quarterly adjusted
earnings of 60 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 50 cents per share.
    * Revenue rose 16.1% to $205.50 million from a year ago;
analysts
expected $185.84 million. 
    * ESCO Technologies Inc's reported EPS for the quarter was
57
cents​.
    * The mean earnings estimate of analysts had fallen by
about 17.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * ESCO Technologies Inc shares had risen by 15.4% this
quarter.
    * The company reported quarterly net income of $14.73
million.
    * Wall Street's median 12-month price target for ESCO
Technologies
Inc is $105.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
8 at 10:48 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.50           0.60           Beat
 Sep. 30 2022      1.16           1.21           Beat
 Jun. 30 2022      0.87           0.89           Beat
 Mar. 31 2022      0.56           0.65           Beat