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

Esco Technologies

09/08/2023 08:02

* ESCO Technologies Inc  ESE.N  reported quarterly adjusted
earnings of $1.09​​ per share for the quarter ended in June. The
mean expectation of three analysts for the quarter was
for earnings of $1.00 per share.
    * Revenue rose 13.5% to $248.75 million from a year ago;
analysts
expected $236.52 million. 
    * ESCO Technologies Inc's reported EPS for the quarter was
$1.08​.
    * The mean earnings estimate of analysts had fallen by
about 1% 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 fallen by 1.0% this
quarter and
gained 17.1% so far this year.
    * The company reported quarterly net income of $27.94
million.
    * Wall Street's median 12-month price target for ESCO
Technologies
Inc is $112.00 
    * 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 LSEG Refinitiv data
August 9 at 07:02 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.00           1.09           Beat
 Mar. 31 2023      0.71           0.76           Beat
 Dec. 31 2022      0.50           0.60           Beat
 Sep. 30 2022      1.16           1.21           Beat