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

Esco Technologies

10/05/2023 06:38

* ESCO Technologies Inc  ESE.N  reported quarterly adjusted
earnings of 76 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 71 cents per share.
    * Revenue rose 11.8% to $229.14 million from a year ago;
analysts
expected $217.55 million. 
    * ESCO Technologies Inc's reported EPS for the quarter was
69
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.4%
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 0.3% this
quarter and
gained 9.4% so far this year.
    * The company reported quarterly net income of $17.88
million.
    * Wall Street's median 12-month price target for ESCO
Technologies
Inc is $111.00 
    * 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 May
10 at 05:38 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.71           0.76           Beat
 Dec. 31 2022      0.50           0.60           Beat
 Sep. 30 2022      1.16           1.21           Beat
 Jun. 30 2022      0.87           0.89           Beat