ESCO Technologies (NYSE:ESE – Get Rating) updated its FY22 earnings guidance on Monday. The company provided EPS guidance of $3.12-$3.18 for the period, compared to the consensus EPS estimate of $3.15. ESCO Technologies also updated its Q4 guidance to $1.12-$1.18 EPS.
ESCO Technologies Trading Up 2.6 %
Shares of ESE stock traded up $2.05 during mid-day trading on Tuesday, reaching $79.54. The company’s stock had a trading volume of 415 shares, compared to its average volume of 55,249. The company’s 50 day simple moving average is $68.95 and its 200-day simple moving average is $69.22. ESCO Technologies has a 12-month low of $60.03 and a 12-month high of $96.01. The company has a quick ratio of 1.22, a current ratio of 1.85 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $2.06 billion, a PE ratio of 32.57 and a beta of 1.09.
ESCO Technologies (NYSE:ESE – Get Rating) last issued its earnings results on Monday, August 8th. The scientific and technical instruments company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.02. ESCO Technologies had a net margin of 8.24% and a return on equity of 6.76%. The business had revenue of $219.10 million for the quarter, compared to the consensus estimate of $215.16 million. During the same quarter last year, the firm posted $0.67 EPS. The business’s revenue for the quarter was up 20.8% compared to the same quarter last year. On average, research analysts predict that ESCO Technologies will post 3.2 EPS for the current fiscal year.
Institutional Investors Weigh In On ESCO Technologies
About ESCO Technologies
ESCO Technologies Inc produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through Aerospace & Defense, Utility Solutions Group, and RF Shielding and Test segments. 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.
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