ESCO Technologies Q3 EPS $1.09 Beats $1.00 Estimate, Sales $248.70M Beat $236.52M Estimate
Portfolio Pulse from Benzinga Newsdesk
ESCO Technologies reported Q3 earnings of $1.09 per share, beating the analyst consensus estimate of $1.00 by 9%. This is a 22.47% increase from the same period last year. The company also reported quarterly sales of $248.70 million, beating the analyst consensus estimate of $236.52 million by 5.15%. This is a 13.53% increase from the same period last year.
August 08, 2023 | 8:32 pm
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ESCO Technologies reported better than expected Q3 earnings and sales, which could positively impact its stock price.
ESCO Technologies reported a 22.47% YoY increase in earnings per share and a 13.53% YoY increase in sales, both beating analyst estimates. This strong financial performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100