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ESCO Technologies Fiscal Q2 Adjusted Earnings, Sales Rise; Reaffirms Guidance
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ESCO Technologies Fiscal Q2 Adjusted Earnings, Sales Rise; Reaffirms Guidance
May 9, 2024 3:04 PM

05:41 PM EDT, 05/09/2024 (MT Newswires) -- ESCO Technologies ( ESE ) reported fiscal Q2 adjusted EPS late Thursday of $0.94, up from $0.76 a year ago.

Three analysts polled by Capital IQ expected adjusted EPS of $0.87.

Net sales for the quarter ended March 31 were $249.1 million, up from $229.1 million a year ago.

Three analysts surveyed by Capital IQ expected $250.5 million.

For 2024, the firm kept its guidance for adjusted EPS of $4.15 to $4.30 on revenue of $1.02 billion to $1.04 billion. Analysts polled by Capital IQ expect $4.23 for EPS on revenue of $1.03 billion.

The company kept its quarterly dividend at $0.08 per share, payable on July 19 to shareholders of record July 3.

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