Welcome to our dedicated page for Eastern Company news (Ticker: $EML), a resource for investors and traders seeking the latest updates and insights on Eastern Company stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Eastern Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Eastern Company's position in the market.
Rhea-AI Summary
The Eastern Company (NASDAQ:EML) has declared its 335th consecutive quarterly cash dividend of $0.11 per share, payable on June 17, 2024, to common shareholders of record as of May 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.59%
Tags
-
Rhea-AI Summary
The Eastern Company (NASDAQ:EML) will announce its first quarter fiscal year 2024 financial results on May 6, 2024, followed by a conference call on May 7, 2024, to discuss the outcomes. The company serves commercial transportation, logistics, and industrial markets with unique engineered solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.97%
Tags
-
Rhea-AI Summary
The Eastern Company (NASDAQ:EML) will hold its Annual Meeting of Shareholders virtually on April 25, 2024. Participants can join via webcast or phone. No passcode required.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.1%
Tags
Rhea-AI Summary
The Eastern Company (NASDAQ:EML) reported a significant increase in Gross Margin, Cash Flow from Operations, and EPS in Q4 2023 compared to the previous year. The company focused on operational efficiency, cost reduction, and shareholder value. Despite a slight revenue decline, they improved gross margin, earnings, and cash flow. The acquisition of Sureflex, Inc. strengthened their balance sheet, allowing for future accretive acquisitions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.08%
Tags
-
Rhea-AI Summary
The Eastern Company (NASDAQ:EML) will announce its financial results for Q4 and fiscal year 2023 on March 12, 2024. A conference call and webcast will follow on March 13, 2024, to discuss the results and other matters.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
Tags
-
Rhea-AI Summary
The Eastern Company (NASDAQ:EML) has declared a regular quarterly cash dividend of $0.11 per share, payable on March 15, 2024, to common shareholders of record as of February 15, 2024. This marks the company's 334th consecutive quarterly dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
Rhea-AI Summary
TriMas Corporation (TMS) is trading at significant discounts to its peers and historical averages. Barington Capital Group, L.P. and its affiliates, which collectively own 1.0% of TriMas, have recommended the company to focus on its core Packaging segment, divest non-core businesses, and improve long-term shareholder value. TriMas' shares have underperformed its peers and major indices over the past 1-, 3-, 5-, 7- and 10-year periods, trading at 7.5x NTM EBITDA and 11.0x NTM EPS, reflecting sizable discounts to its peers in the packaging and aerospace sectors and the company's own long-term historical averages.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.02%
Tags
-
Rhea-AI Summary
EML: The Eastern Company to Present at Sidoti Micro-Cap Conference on November 15-16, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.36%
Tags
-
Rhea-AI Summary
NASDAQ:EML - Eastern Company Announces Strong Q3 2023 Results with 123% Increase in EPS, Margin Improvement, and Debt Paydown
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
Tags
Rhea-AI Summary
The Eastern Company (NASDAQ:EML) has declared its regular quarterly cash dividend of $0.11 per share. The dividend will be paid on December 15, 2023, to common shareholders of record as of November 15, 2023. This marks the company's 333rd consecutive quarterly dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Eastern Company
Nasdaq:EML
EML Rankings
EML Stock Data
192.20M
4.59M
7.65%
70.07%
0.58%
Hardware Manufacturing
Manufacturing
United States of America
SHELTON
About EML
the eastern company, founded in 1858, is a manufacturer of custom-engineered industrial hardware, security products and metal castings. we operates in the u.s., canada, mexico, taiwan and china. the diversity of our capabilities and products enables us to respond to the changing requirements of a broad array of markets. our industrial hardware group manufactures an extensive selection of latches, locks and other security hardware used throughout the transportation and industrial sector of the economy. for more than 100 years, eberhard has been an industry leader setting the standard for high-quality hardware for a variety of applications, especially in the transportation industry. in addition, this group includes our composite panel technologies division. our security products group delivers solutions that safeguard property and control access. the illinois lock company/ccl security products division produces custom-engineered locks for a variety of original equipment manufacturers and