ESCO Technologies: Q4 Earnings Insights

ESCO Technologies ESE reported its Q4 earnings results on Thursday, November 18, 2021 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

ESCO Technologies their estimated earnings by 8.97%, reporting an EPS of $0.85 versus an estimate of $0.78, which did not surprise analysts.

Revenue was up $2,552,000.00 from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.15, which was followed by a 0.72% increase in the share price the next day.

Here's a look at ESCO Technologies's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

ESCO Technologies management provided guidance for their next quarter, expecting earnings between $0.73 and $0.78 per share for the nextquarter.

This represents a -11.18% in quarter-over-quarter growth for ESCO Technologies, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.