ESCO Technologies Inc logo

ESE - ESCO Technologies Inc News Story

$79.32 -0.3  -0.4%

Last Trade - 25/09/20

Sector
Industrials
Size
Mid Cap
Market Cap £1.62bn
Enterprise Value £1.68bn
Revenue £597.5m
Position in Universe 1745th / 6417

BRIEF-Esco sees q4 earnings per share $0.59 to $0.66 excluding items

Tue 2nd August, 2016 9:15pm
Aug 2 (Reuters) - Esco Technologies Inc  ESE.N  
    * Esco announces third quarter 2016 results 
    * Sees q4 earnings per share $0.59 to $0.66 excluding items 
    * Q3 gaap earnings per share $0.44 from continuing 
operations 
    * Q3 sales $140 million versus i/b/e/s view $144.7 million 
    * Q3 adjusted earnings per share $0.49 
    * Q3 earnings per share view $0.43 -- Thomson Reuters 
I/B/E/S 
    * 2016 restructuring actions were substantially complete as 
of june 30, 2016 
    * Cumulative costs incurred ytd relating to restructuring 
actions are below original budget 
    * Expects to incur less than $1 million of pretax costs to 
complete restructuring actions during q4 2016 
    * Management expects remainder of 2016 to reflect a 
quarterly profile similar to 2015 and previous years 
    * Says expects q4 2016 eps - as adjusted to be in range of 
$0.59 to $0.66 per share 
 
Source text for Eikon:  ID:nHUG5VlFx2  
Further company coverage:  ESE.N  
 
 (Bengaluru Newsroom: +1-646-223-8780)
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.