Defense electronics firm Espey Q4 sales rise on strong operational execution

Espey MFG & Electronics

23/09/2026 11:20

Overview
US military power supply maker's fiscal Q4 sales rose yr/yr
Adjusted EPS for fiscal Q4 increased yr/yr
Company backlog fell to $134.9 mln from $139.7 mln a year earlier

Outlook
Company did not provide specific financial guidance for the upcoming quarter or fiscal year

Result Drivers
OPERATIONAL EXECUTION - CEO said record revenue and gross profits were driven by strong operational execution

Company press release: ID:nGNX1P0Gr3

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Miss
$13.47 mln
$14.80 mln (1 Analyst)
Q4 EPS
Beat
$1.15
$0.96 (1 Analyst)

Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the electrical components & equipment peer group is "buy."
Wall Street's median 12-month price target for Espey MFG & Electronics Corp is $65.00, about 1.1% above its September 22 closing price of $64.30
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago

Reuters Recommended Reads
Sept 21 - Lockheed wins US Army missile contract worth up to $1.2 billion

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)