ESCO Technologies Inc. (ESE) Updates Q4 Earnings Guidance
ESCO Technologies Inc. (NYSE:ESE) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.44-0.48 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.49, AmericanBankingNews.com reports.
Shares of ESCO Technologies Inc. (NYSE:ESE) traded down 0.65% during mid-day trading on Thursday, hitting $33.47. The stock had a trading volume of 58,507 shares. ESCO Technologies Inc. has a 52 week low of $30.25 and a 52 week high of $37.39. The stock has a 50-day moving average of $33.97 and a 200-day moving average of $34.49. The company’s market cap is $888.6 million.
ESCO Technologies (NYSE:ESE) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.05. The company had revenue of $130.50 million for the quarter, compared to the consensus estimate of $133.42 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. The company’s revenue for the quarter was up 11.6% on a year-over-year basis. Analysts expect that ESCO Technologies Inc. will post $1.58 EPS for the current fiscal year.
ESCO Technologies Inc (NYSE:ESE) is a producer of engineered products and systems sold to customers worldwide, primarily for utility, industrial, aerospace and commercial applications.
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