The earnings call highlighted significant challenges due to a downturn in key markets, resulting in decreased revenue, lower gross margins, and reduced backlog. However, the company has taken proactive measures such as cost savings, restructuring, and financial maneuvers to stabilize and prepare for future growth. The sentiment is balanced with strategic improvements and financial adjustments countering the negative impacts.

Company Guidance

During The Eastern Company's third quarter fiscal year 2025 earnings call, the company provided guidance reflecting a challenging quarter with revenue from continuing operations reported at $55.3 million, a 22% decrease from the previous year. EBITDA was $3.5 million, resulting in earnings per share of $0.10. The key issues cited were a 36% decline in OE truck production and a 34% reduction in new vehicle model launches, significantly impacting their revenue streams. Despite these challenges, the company undertook strategic restructuring, leading to $1.8 million in savings, and reduced its debt by $7 million. Moreover, they entered into a new $100 million revolving credit facility with Citizens Bank to enhance financial flexibility. The company also repurchased approximately 118,000 shares, representing nearly 2% of its outstanding shares, and is exploring acquisition opportunities to bolster future growth. Gross margin was reported at 22.3%, down from 25.5% the previous year, primarily due to increased raw material costs and reduced volumes. The leadership expressed cautious optimism about marginal improvements in Q4 and potential recovery in 2026, particularly in the heavy-duty truck market.

Cost Savings and Restructuring Efforts

The company reduced the size of its SG&A, reorganized its operational footprint, and sold an underperforming business unit, resulting in cost savings of $1.8 million within the quarter.

Share Repurchases and Debt Reduction

The Eastern Company repurchased approximately 118,000 shares, representing almost 2% of its outstanding shares, and reduced debt by $7 million.

New Revolving Credit Facility

Entered into a new $100 million revolving credit facility with Citizens Bank, providing additional flexibility for investments into long-term growth initiatives and potential M&A opportunities.

USPS Vehicle Program Success

The USPS vehicle program ramped up nicely and became an important part of the business, contributing positively to the quarterly performance.

Eastern Company (EML) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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EML Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 17, 2026	2025 (Q4)	- / -	0.213	―	―	―
Nov 04, 2025	2025 (Q3)	0.77 / 0.13	1.251	-89.61% (-1.12)	―
Aug 05, 2025	2025 (Q2)	0.54 / 0.57	0.56	1.79% (<+0.01)	―
May 06, 2025	2025 (Q1)	0.41 / 0.32	0.313	2.24% (<+0.01)	―
Mar 11, 2025	2024 (Q4)	- / 0.42	0.56	-25.00% (-0.14)	―
Nov 06, 2024	2024 (Q3)	- / 1.25	0.488	156.35% (+0.76)	―
Aug 06, 2024	2024 (Q2)	- / 0.56	0.223	151.12% (+0.34)	―
May 06, 2024	2024 (Q1)	- / 0.31	0.097	222.68% (+0.22)	―
Mar 12, 2024	2023 (Q4)	- / 0.56	0.011	4990.91% (+0.55)	―
Nov 07, 2023	2023 (Q3)	- / 0.49	0.781	-37.52% (-0.29)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

EML Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 04, 2025	$21.09	$20.68	-1.94%
Aug 05, 2025	$22.40	$22.18	-0.98%
May 06, 2025	$22.72	$23.23	+2.24%
Mar 11, 2025	$27.24	$26.80	-1.62%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Eastern Company (EML) report earnings?

Eastern Company (EML) is schdueled to report earning on Mar 17, 2026, After Close (Confirmed).

What is Eastern Company (EML) earnings time?

Eastern Company (EML) earnings time is at Mar 17, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is EML EPS forecast?

Currently, no data Available

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