Welcome to our dedicated page for Eastern Co news (Ticker: EML), a resource for investors and traders seeking the latest updates and insights on Eastern Co stock.
The Eastern Company (NASDAQ: EML) is an industrial manufacturer that manages businesses designing, manufacturing and selling engineered solutions for industrial markets. Company press releases describe Eastern as serving commercial transportation, logistics, and other industrial markets, with operations in the U.S., Canada, Mexico, Taiwan, and China. The EML news feed on Stock Titan aggregates these disclosures so investors can review how management communicates performance, risks, and strategic priorities over time.
News about The Eastern Company frequently centers on quarterly earnings results, where management discusses sales trends, margins, restructuring charges, and non-GAAP metrics such as Adjusted Net Income from Continuing Operations and Adjusted EBITDA from Continuing Operations. These releases often provide context on macroeconomic conditions in end markets like heavy-duty trucks, automotive, and other industrial sectors, and describe how those conditions affect demand for Eastern’s products.
Another recurring theme in EML news is capital allocation and balance sheet management. Eastern regularly announces its long-running pattern of regular quarterly cash dividends, noting consecutive dividend counts, and reports on share repurchase activity and debt reduction. The company has also disclosed new and amended credit facilities, including a $100 million senior secured revolving credit facility, and has discussed how this financing supports its long-term objectives.
Investors following EML news will also see updates on restructuring and operational initiatives, such as cost reduction programs at specific businesses, changes to manufacturing footprints, and the sale of certain business units. Governance developments, including board appointments, are occasionally highlighted as well. By reviewing this news stream, readers can track how Eastern responds to changing market conditions, manages its portfolio of industrial businesses, and communicates with shareholders through dividends, buybacks, and strategic actions.
The Eastern Company (NASDAQ:EML), an industrial manufacturer of engineered solutions for commercial transportation and logistics, has scheduled its first quarter 2025 earnings release and conference call. The company will release its Q1 2025 financial results after market close on Tuesday, May 6, 2025.
A conference call and webcast will be held the following day, Wednesday, May 7, 2025, at 9:00 a.m. ET. Investors can access the call via toll-free number 888-506-0062 in US & Canada or 973-528-0011 internationally, using conference entry code 798379. A webcast option is also available, and a replay will be provided for those unable to attend the live broadcast.
The Eastern Company (NASDAQ:EML), an industrial manufacturer specializing in engineered solutions for commercial transportation and logistics, has announced its Annual Meeting of Shareholders will be held virtually on Wednesday, April 30, 2025, at 11:00 a.m. ET.
Shareholders can participate through multiple channels:
- Phone access: 1-877-328-2502 (US/Canada toll-free) or 1-412-317-5419 (International)
- Webcast: www.virtualshareholdermeeting.com/EML2025
No passcode is required for phone participation - attendees simply need to request the Eastern Company Annual Meeting when prompted by the operator. For those unable to attend the live event, a replay of the webcast will be available.
The Eastern Company (NASDAQ:EML) reported strong financial results for Q4 and full year 2024. Net sales from continuing operations increased 4.5% to $66.7 million in Q4 2024 and 5% to $272.8 million for FY 2024. The company achieved net income of $13.2 million ($2.13 per diluted share) in FY 2024, up 12% from 2023.
Q4 2024 saw higher demand for returnable transport packaging products, though offset by lower demand for truck accessories and mirror assemblies. Gross margin was 23.0% in Q4 2024, down from 26.8% in Q4 2023, primarily due to higher material costs. The company's backlog stood at $89.2 million as of December 28, 2024, compared to $77.1 million the previous year.
Under new CEO Ryan Schroeder, Eastern appointed new presidents for two of its three operating businesses, focusing on enhancing operational efficiency and setting the stage for long-term growth.
The Eastern Company (NASDAQ:EML), an industrial manufacturer specializing in engineered solutions for commercial transportation, logistics, and industrial markets, has announced its upcoming earnings release schedule. The company will disclose its fourth quarter and fiscal year 2024 financial results after market close on Tuesday, March 11, 2025.
Management will host a conference call and webcast to discuss the results on Wednesday, March 12, 2025, at 11:00 a.m. ET. The call will be accessible via toll-free number 888-506-0062 (US & Canada) or 973-528-0011 (international) using conference code 184305. A webcast option is also available, and a replay will be provided for those unable to attend the live broadcast.
The Eastern Company (NASDAQ:EML) has announced its 338th consecutive quarterly cash dividend. The company declared a regular quarterly dividend of $0.11 per share, which will be paid on March 14, 2025, to shareholders of record as of February 14, 2025.
The Eastern Company (NASDAQ:EML) reported strong Q3 2024 results with net sales from continuing operations increasing 15% to $71.3 million compared to $62.0 million in Q3 2023. Gross margin improved to 25.5% from 24.9%, while earnings per diluted share rose 36% to $0.75. The company announced Ryan Schroeder as new CEO effective November 6, 2024. Eastern's backlog increased 13% to $97.2 million, driven by increased orders for truck mirror assemblies and returnable transport packaging products. The company has classified Big 3 Mold business as discontinued operations, recording a $23.1 million write-down to fair value.
The Eastern Company (NASDAQ:EML) has announced its regular quarterly cash dividend of $0.11 per share. The dividend will be paid on December 13, 2024, to shareholders of record as of November 15, 2024. This marks the company's 337th consecutive quarterly dividend, demonstrating a long-standing commitment to providing shareholder returns.
The Eastern Company (NASDAQ:EML), an industrial manufacturer of unique engineered solutions for commercial transportation, logistics, and other industrial markets, has announced the timing for its third quarter fiscal year 2024 earnings release and conference call.
Key details:
- Financial results will be released after market close on Tuesday, November 5, 2024
- Management will hold a conference call and webcast on Wednesday, November 6, 2024, at 11:00 a.m. ET
- Dial-in numbers: 888-506-0062 (toll-free in US & Canada) or 973-528-0011 (international)
- Conference entry code: 594322
- Webcast link: https://www.webcaster4.com/Webcast/Page/1757/51396
A replay of the webcast will be available for those unable to listen to the live broadcast.
The Eastern Company (NASDAQ:EML) reported strong Q2 2024 results, with net income rising to $3.5 million ($0.56 per diluted share), up from $1.4 million in Q2 2023. Gross margin improved to 25%, and the backlog increased 43% to $107.3 million. Net sales grew 7% to $73.2 million, driven by increased demand for truck mirror assemblies. The company's business transformation program is progressing, although challenges remain in some markets. Eastern's ability to address customer needs during supply chain disruptions has led to new business opportunities. The company continues to focus on operational excellence and strengthening customer relationships to deliver consistent performance and shareholder value.
The Eastern Company (NASDAQ:EML) has declared its 336th consecutive quarterly cash dividend of $0.11 per share. This regular dividend will be payable on September 13, 2024, to common shareholders of record as of August 15, 2024. The announcement demonstrates the company's commitment to providing consistent returns to its shareholders, maintaining a long-standing tradition of quarterly dividend payments. This consistent dividend policy may be viewed as a sign of financial stability and confidence in the company's ongoing performance.
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