ESCO Reports Fourth Quarter and Fiscal 2024 Results
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ESCO reported strong financial results for Q4 and fiscal year 2024, with significant increases in sales, GAAP EPS, and adjusted EPS. Q4 sales rose by 9.5% to $299 million, and FY 2024 sales increased by 7.4% to $1 billion. The company also saw a 9.7% rise in entered orders for FY 2024.
November 14, 2024 | 9:30 pm
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POSITIVE IMPACT
ESCO's Q4 and FY 2024 results show strong growth in sales and earnings, with Q4 sales up 9.5% and FY 2024 sales up 7.4%. GAAP EPS increased by 10.1% for FY 2024, indicating robust financial health.
The reported increases in sales and earnings per share (EPS) for both Q4 and the fiscal year 2024 indicate strong financial performance. The growth in entered orders further supports a positive outlook. These factors are likely to positively impact ESCO's stock price in the short term.
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