earnings
confidence high
sentiment negative
materiality 0.65
Eastern Q1 net sales down 2% to $63.3M; EPS $0.31; new 400K share buyback authorized
EASTERN CO
2025-Q1 EPS reported
$0.32
revenue$63,312,774
- Net sales from continuing ops $63.3M (down 2% YoY); diluted EPS $0.31 vs $0.34.
- Adjusted EBITDA from continuing ops $4.6M, down from $4.8M in Q1 2024.
- Gross margin fell to 22.4% from 23.9% due to higher raw material costs.
- Completed sale of Big 3 Mold's ISBM business on April 30, 2025.
- Completed 200K-share buyback; Board authorized new 400K-share repurchase program (through May 2030).