Eastern Co Q2 Adj $0.56 Up From $0.40 YoY, Sales $73.15M Up From $68.34M YoY
Portfolio Pulse from Benzinga Newsdesk
Eastern Co (NASDAQ:EML) reported a 40% increase in Q2 earnings per share to $0.56, up from $0.40 YoY. Sales also rose by 7.04% to $73.15 million from $68.34 million YoY.
August 06, 2024 | 9:55 pm
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Eastern Co (NASDAQ:EML) reported a significant 40% increase in Q2 earnings per share to $0.56, and a 7.04% rise in sales to $73.15 million YoY.
The substantial increase in both earnings per share and sales indicates strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100