ESCO Technologies (ESE) Scheduled to Post Quarterly Earnings on Wednesday

ESCO Technologies (NYSE:ESE) will post its quarterly earnings results after the market closes on Wednesday, August 7th. Individual that wish to register for the company’s earnings conference call can do so using this link.

ESCO Technologies (NYSE:ESE) last released its earnings results on Thursday, May 9th. The scientific and technical instruments company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.06. The business had revenue of $249.10 million for the quarter, compared to the consensus estimate of $241.15 million. ESCO Technologies had a return on equity of 8.83% and a net margin of 9.94%. ESCO Technologies’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.76 earnings per share. 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 Price Performance

NYSE:ESE opened at $111.92 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.42 and a current ratio of 2.15. The stock’s 50-day simple moving average is $110.51 and its 200 day simple moving average is $105.94. The company has a market cap of $2.88 billion, a P/E ratio of 29.38 and a beta of 1.10. ESCO Technologies has a 52-week low of $94.59 and a 52-week high of $125.54.

ESCO Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 19th. Shareholders of record on Wednesday, July 3rd were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.29%. The ex-dividend date of this dividend was Wednesday, July 3rd. ESCO Technologies’s dividend payout ratio (DPR) is presently 8.40%.

Wall Street Analysts Forecast Growth

Separately, Stephens reissued an “overweight” rating and set a $125.00 price target on shares of ESCO Technologies in a research report on Tuesday, July 9th.

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.