The earnings call reflected a challenging business environment with significant declines in revenue, sales, backlog, and net income. However, the company has made notable strides in cost reduction, efficiency improvements, and strategic initiatives such as the USPS vehicle program. Despite the challenges, the company remains optimistic about recovery and future opportunities.

Company Guidance

During the second quarter of fiscal year 2025, The Eastern Company reported revenue of $70.2 million, reflecting a 3% decrease from the previous year. The company achieved adjusted earnings per share of $0.56, closely aligning with their Q2 2024 results. Notably, the quarter saw a net income from continuing operations of $2 million, or $0.33 per diluted share, which included restructuring charges of $1.8 million. The company's backlog decreased by 19% to $87.1 million, primarily due to reduced orders for returnable transport packaging products and latch and handle assemblies. Gross margin declined to 23.3% from 25.4% the previous year, influenced by increased costs associated with a mirror project transition. In terms of capital allocation, Eastern repurchased 82,000 shares valued at $2.1 million, reduced net debt by $4 million, and maintained a senior net leverage ratio of 1.32x. Despite challenges in the heavy truck and automotive markets, Eastern focused on margin protection and highlighted opportunities for mergers and acquisitions as part of its strategic outlook.

Cost Reduction and Efficiency Improvements

The company has improved and reduced costs across its three companies and corporate overhead, resulting in annual savings of $4 million through headcount reductions and facility optimization.

Participation in USPS Vehicle Program

Eberhard is ramping up its participation in the new United States Postal Service delivery vehicle program, supplying custom-designed products and systems.

Share Buyback Program

The company completed a share buyback program repurchasing 400,000 shares, with 82,000 shares purchased in the quarter.

Effective Management of Tariffs

The Velvac and Eberhard teams successfully neutralized the impact of tariffs on their P&L.

Net Debt Reduction

The company achieved a net debt reduction of $4 million in Q2 2025 and $5.9 million in the first half of 2025.

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

Daily Earnings Calendar >

EML Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	0.77 / -	1.251	―	―	―
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)	―
Aug 08, 2023	2023 (Q2)	- / 0.22	0.647	-65.53% (-0.42)	―

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
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%
Nov 06, 2024	$30.98	$30.09	-2.87%

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 Nov 11, 2025, After Close (Confirmed).

What is Eastern Company (EML) earnings time?

Eastern Company (EML) earnings time is at Nov 11, 2025, 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?

EML EPS forecast for the fiscal quarter 2025 (Q3) is 0.77.

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