ESCO Technologies (ESE) to Release Quarterly Earnings on Thursday

ESCO Technologies (NYSE:ESE) will issue its quarterly earnings data after the market closes on Thursday, May 9th. Persons that wish to register for the company’s earnings conference call can do so using this link.

ESCO Technologies (NYSE:ESE) last released its quarterly earnings data on Thursday, February 8th. The scientific and technical instruments company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.05). ESCO Technologies had a net margin of 9.60% and a return on equity of 8.59%. The company had revenue of $218.30 million for the quarter, compared to the consensus estimate of $221.44 million. During the same period last year, the company earned $0.60 EPS. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. On average, analysts expect ESCO Technologies to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

ESCO Technologies Trading Up 0.5 %

Shares of ESE stock opened at $107.87 on Tuesday. The stock’s 50-day moving average price is $102.41 and its 200-day moving average price is $103.89. ESCO Technologies has a 12-month low of $89.77 and a 12-month high of $118.60. The stock has a market capitalization of $2.78 billion, a price-to-earnings ratio of 29.96 and a beta of 1.14. The company has a current ratio of 1.98, a quick ratio of 1.31 and a debt-to-equity ratio of 0.13.

ESCO Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 16th. Shareholders of record on Monday, April 1st were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date was Thursday, March 28th. ESCO Technologies’s payout ratio is 8.89%.

Insider Activity

In related news, Director Leon J. Olivier sold 900 shares of ESCO Technologies stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $100.26, for a total value of $90,234.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.80% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of ESCO Technologies from a “buy” rating to a “hold” rating in a report on Saturday, February 17th.

ESCO Technologies Company Profile

ESCO Technologies Inc produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through three segments: Aerospace & Defense, Utility Solutions Group, and RF Test & Measurement. The Aerospace & Defense segment designs and manufactures filtration products, including hydraulic filter elements and fluid control devices used in commercial aerospace applications; filter mechanisms used in micro-propulsion devices for satellites; and custom designed filters for manned aircraft and submarines.