Esco Technologies ( (ESE) ) has released its Q3 earnings. Here is a breakdown of the information Esco Technologies presented to its investors.
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ESCO Technologies Inc., headquartered in St. Louis, Missouri, is a global provider of highly engineered products and solutions, serving diverse end-markets including aviation, Navy, and industrial sectors. The company is known for its expertise in filtration, fluid control, and RF test and measurement products.
In its third quarter fiscal 2025 earnings report, ESCO Technologies reported a significant increase in sales and adjusted earnings per share (EPS). The company also announced the completion of the sale of VACCO Industries, marking a strategic shift in its business operations.
Key financial highlights from the report include a 27% increase in sales to $296 million and a 25% rise in adjusted EPS to $1.60. The company also recorded a substantial increase in orders, with a 194% rise to $749 million, resulting in a record backlog of $1.17 billion. The Aerospace & Defense segment showed strong performance, with a 56% increase in sales, driven by higher Navy and Aerospace sales.
Despite a decrease in GAAP EPS due to acquisition-related costs, ESCO Technologies has raised its full-year guidance for adjusted EPS, reflecting confidence in its operational performance and strategic direction. The Utility Solutions Group and RF Test & Measurement segments also contributed to the company’s growth, albeit with some challenges from inflationary pressures.
Looking ahead, ESCO Technologies remains optimistic about its future growth prospects, supported by its enhanced business portfolio and strong market presence. The company expects to continue delivering above-market growth, with increased guidance for fiscal 2025 revenue and adjusted EPS from continuing operations.