Esco Technologies Inc Reports Results For The Quarter Ended September 30: Earnings Summary
15/11/2024 14:07
* ESCO Technologies Inc ESE.N reported quarterly adjusted
earnings of $1.46 per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of $1.25. The mean expectation of four analysts
for the quarter was for earnings of $1.44 per share. Wall Street
expected results to range from $1.42 to $1.47 per share.
* Revenue rose 9.5% to $298.53 million from a year ago;
analysts
expected $296.71 million.
* ESCO Technologies Inc's reported EPS for the quarter was
$1.32.
* The company reported quarterly net income of $34.26
million.
* ESCO Technologies Inc shares had risen by 8.5% this
quarter and
gained 19.6% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"
Wall Street's median 12-month price target for ESCO Technologies
Inc is $140.50
This summary was machine generated from LSEG data November 15 at
02:07 p.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 1.44 1.46 Beat
Jun. 30 2024 1.20 1.16 Missed
Mar. 31 2024 0.87 0.94 Beat
Dec. 31 2023 0.65 0.62 Missed