Overview
Engineering solutions provider's Q1 2026 sales rose 35% yr/yr to $290 mln
Adjusted EPS for Q1 2026 increased 73% to $1.64
Entered orders for Q1 2026 surged 143% to $557 mln, setting a record backlog
Outlook
ESCO raises FY 2026 revenue guidance to $1.29 bln - $1.33 bln
Company expects FY 2026 Adjusted EPS of $7.90 - $8.15 per share
ESCO increases Test segment revenue growth expectation to 9-11%
Result Drivers
MARITIME CONTRIBUTION - Maritime segment added $51 mln to revenue growth, significantly boosting sales
STRONG ORDERS - Entered orders increased 143% to $557 mln, driven by broad-based demand across segments
ORGANIC GROWTH - Organic sales increased $24 mln, reflecting positive end-market conditions
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$290 mln
$279.52 mln (2 Analysts)
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy."
Wall Street's median 12-month price target for ESCO Technologies Inc is $255.00, about 9% above its February 4 closing price of $234.05
The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 30 three months ago
Press Release: ID:nGNE3Z3YF9
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
