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Esco Technologies Inc (ESE)
NYSE:ESE
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.25Last Year’s EPS
0.94Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: 22.51%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong start to the fiscal year with significant growth in key segments like Aerospace and Defense, Utilities, and Test Business, leading to increased earnings guidance. However, there were some challenges with order declines and the renewable energy sector's performance. Overall, the positive aspects significantly outweigh the negatives.Company Guidance
During the first quarter of 2025, ESCO Technologies demonstrated strong performance across its segments, resulting in raised guidance for the full year. The Aerospace and Defense segment reported a 20% revenue growth, driven by a 56% increase in Navy sales. The Utility Solutions Group achieved double-digit orders and revenue growth, with Doble's sales up 12%, offsetting a decline in NRG's revenue. The Test segment saw orders increase by over 40%, leading to double-digit sales growth and improved margins. Financially, ESCO achieved a 41% rise in adjusted earnings per share, reaching $1.07, surpassing their initial guidance range. The company maintained its sales growth forecast of 6% to 8% for the year, while increasing the adjusted EPS growth target to 16% to 21%, excluding the impact of the pending SMNP acquisition and the strategic review of the VACCO business.Strong Performance in Aerospace and Defense
The Aerospace and Defense segment delivered 20% revenue growth and margin improvement. Notably, Navy sales were up $13 million or 56% over the prior year.
Utility Group Achievements
The Utility Group had an outstanding quarter with double-digit orders and revenue growth and significant margin expansion at Doble.
Test Business Growth
The Test segment had a strong start to the year with orders up over 40% and double-digit organic sales growth.
Adjusted EPS Growth
Adjusted earnings per share increased by 41% in the first quarter compared to the previous year.
Record Backlog
Finished the quarter with a backlog of $907 million, a record amount.
Increased Full-Year Guidance
Increased full-year adjusted EPS guidance to $5.55 to $5.75 per share, up from the previous guidance of $5.30 to $5.50.
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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
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ESE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | $132.42 | $158.57 | +19.75% |
| Nov 14, 2024 | $139.92 | $144.21 | +3.07% |
| Aug 07, 2024 | $112.08 | $116.03 | +3.52% |
| May 09, 2024 | $111.23 | $104.79 | -5.79% |
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.
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FAQ
When does Esco Technologies Inc (ESE) report earnings?
Esco Technologies Inc (ESE) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Esco Technologies Inc (ESE) earnings time?
Esco Technologies Inc (ESE) earnings time is at May 13, 2025, TBA Not 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 2025 (Q2) is 1.25.
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