earnings
confidence high
sentiment positive
materiality 0.75
ESCO Q2 fiscal 2024: sales +9% to $249M, adjusted EPS +24% to $0.94
ESCO TECHNOLOGIES INC
2024-Q2 EPS reported
$1.49
revenue$467,443,000
- GAAP EPS $0.90 (+30% YoY); adjusted EPS $0.94 (+24% YoY).
- A&D segment sales +16% to $115M, USG +10% to $87M, Test -8% to $47M.
- Entered orders $239M (book-to-bill 0.96x), backlog $838M.
- FY2024 guidance maintained: sales $1.02-1.04B, adjusted EPS $4.15-4.30.
- Quarterly dividend $0.08/share payable July 19 to holders of record July 3.