earnings
confidence high
sentiment positive
materiality 0.75
ESCO Q2 adjusted EPS $0.65 vs $0.56; sales up 23.5% to $205M; record backlog $671M
ESCO TECHNOLOGIES INC
2022-Q2 EPS reported
$1.08
revenue$381,938,000
- GAAP EPS $0.64, adjusted EPS $0.65; sales $204.9M (+23.5% YoY).
- Q2 orders $236.5M (book-to-bill 1.15x), record backlog $671M.
- Segment: A&D sales $84.8M (+3%), USG $64.2M (+62%), Test $55.9M (+28%).
- FY2022 adjusted EPS guidance reaffirmed $3.10-$3.20; Q3 expected $0.84-$0.91.
- Board adds Janice L. Hess as independent director; quarterly dividend $0.08 payable July 19.