earnings
confidence high
sentiment positive
materiality 0.75
ESCO Q3 GAAP EPS $0.57, Adjusted EPS $0.67; Orders over $200M, book-to-bill 1.12
ESCO TECHNOLOGIES INC
2021-Q3 EPS reported
$1.65
revenue$509,962,000
- Q3 GAAP EPS $0.57, Adjusted EPS $0.67; YTD adjusted EPS $1.75 vs $1.87 prior year.
- Sales up 5% YoY; Q3 orders exceeded $200M with book-to-bill ratio of 1.12.
- YTD cash flow from operations $75M; liquidity and end-market diversity cited as strength.
- Discrete after-tax charges of $2.7M ($0.10/sh) for management transition, acquisition costs, facility move.
- Management sees positive signs of recovery across aerospace, Navy, space, electric utility and renewable energy.