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.

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.

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:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.82	0.55	0.45	0.76
EPS Actual	0.67	0.59	0.55	0.90
Revenue Estimate	192.31M	169.83M	164.95M	188.71M
Revenue Actual	181.39M	166.64M	162.95M	208.03M

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).

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.