Esco Technologies (ESE)
NYSE:ESE
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Earnings Data
Report Date
Aug 10, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
2.1Last Year’s EPS
1.57Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: substantial order and revenue growth, significant margin expansion, large EPS upside, record backlog, improved cash flow, and an accretive acquisition in progress. These positives outweigh the key challenges noted — chiefly renewables/NRG weakness, timing-related softness in Maritime, revenue guidance conservatism, and some regulatory/timing risk on the Megger transaction. Overall, the company presented confidence in durable demand drivers and reiterated long-term portfolio improvements despite isolated near-term headwinds.Company Guidance
Strong Order Growth and Record Backlog
Total orders increased 42% year-over-year with organic order growth of 22%; organic order growth was double-digit across all three business platforms. Management reported backlog at a record level, citing sustained demand across end markets.
Robust Revenue Growth
Reported sales growth of 33.5% in the quarter, comprised of 13% organic growth and $48 million of sales contribution from the Maritime acquisition.
Significant Margin Expansion and EPS Improvement
Adjusted EBIT margin improved by 370 basis points to 21.7% for the quarter. Adjusted earnings per share increased 63% to $1.91.
Aerospace & Defense Outperformance
Aerospace & Defense orders nearly $184 million versus $96.5 million a year ago; organic orders rose 35%. Sales grew organically 14%, and adjusted EBIT margin expanded to 28.6% (up 160 basis points). Adjusted EBIT and adjusted EBITDA dollars increased by 78% and 72%, respectively.
Test Business Momentum
Test orders rose 21% and sales increased more than 27% in the quarter. Adjusted EBIT margin improved to 15.4%, up 300 basis points, and management raised its medium-term sales growth outlook for Test to roughly 4%–6% (from prior 3%–5%).
Utility Solutions — Doble Strength
Utility Solutions orders were up 10% with Doble orders growing 20% and Doble sales up 11%; segment adjusted EBIT dollars rose nearly 11% driven by Doble volume, price and mix benefits.
Cash Flow and Balance Sheet Position
Operating cash flow for the first six months improved to nearly $135 million versus $46 million a year ago (an increase of approximately 193%), capital spending was down slightly, and EBITDA leverage remained low at 0.4x, positioning the company for the planned Megger acquisition.
Raised Full-Year EPS Guidance
Updated full-year fiscal 2026 adjusted EPS guidance to $8.00–$8.25, representing an increase of 33%–37% versus fiscal 2025 and management's expectation of another record year.
Megger Acquisition Expected to Be Accretive
Agreement reached to acquire Megger Group Limited; regulatory filings initiated with an expected close in Q1 fiscal 2027. Management expects the deal to be accretive in the first full year and significantly (double-digit) accretive thereafter, projecting a better-than-double-digit IRR and a spread over WACC.
ESE Earnings History
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
ESE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $332.77 | $303.11 | -8.91% |
Feb 05, 2026 | $238.33 | $253.03 | +6.17% |
Nov 20, 2025 | $210.03 | $215.35 | +2.54% |
Aug 07, 2025 | $189.67 | $193.06 | +1.79% |
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 Esco Technologies (ESE) report earnings?
Esco Technologies (ESE) is schdueled to report earning on Aug 10, 2026, After Close (Confirmed).
What is Esco Technologies (ESE) earnings time?
Esco Technologies (ESE) earnings time is at Aug 10, 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 ESE EPS forecast?
ESE EPS forecast for the fiscal quarter 2026 (Q3) is 2.1.