Esco Technologies Inc Stock Price, News & Analysis

ESCO Technologies Inc. (NYSE:ESE) is set to announce its third-quarter financial results on August 8, 2022, after market close. A conference call will follow at 4:00 p.m. Central Time, where detailed financial discussions will take place. Investors can access a live webcast and accompanying slide presentation on the company’s investor website. ESCO specializes in manufacturing engineered filtration and fluid control products for various markets, including aviation and defense, and is a leader in RF shielding and EMC testing.

Doble Engineering Company has launched the F6880 Digital Network Analyzer, a compact tool designed to assist power and utility engineers in troubleshooting IEC 61850 digital substations. The F6880 helps identify issues in Intelligent Electronic Device (IED) communications by monitoring signal quality and network performance. It features real-time event visualization and logging capabilities, making it effective for design, commissioning, and maintenance tasks. By streamlining troubleshooting processes, the F6880 supports the industry's shift towards advanced substation automation.

ESCO Technologies Inc. (NYSE: ESE) reported strong Q2 2022 results with a GAAP EPS of $0.64 and Adjusted EPS of $0.65, up from $0.59 and $0.56 respectively in Q2 2021. Sales increased 23.5% to $205 million driven by a 34% rise in entered orders totaling $236.5 million. The company achieved a record backlog of $671 million. Despite challenges from supply chain issues and inflation, liquidity stands at $546 million, and guidance for 2022 EPS is expected between $3.10 and $3.20.

ESCO Technologies Inc. (NYSE:ESE) will hold its Second Quarter 2022 Conference Call on May 9, 2022, at 4:00 p.m. Central Time. The company plans to report its financial results for the quarter after the market closes on the same day. A webcast and an accompanying slide presentation will be available on ESCO’s investor website for those interested in the financial discussion. A replay of the call will be offered shortly after its conclusion, accessible through the investor website and via telephone for one week.

ESCO Technologies reported its Q1 2022 results, achieving a GAAP EPS of $0.44 and Adjusted EPS of $0.46. The company generated $224 million in orders, reflecting a book-to-bill ratio of 1.27. Sales reached $177 million, an 8.8% increase year-over-year. Despite challenges from labor and material shortages impacting sales by $5 to $8 million, ESCO remains optimistic about growth, bolstered by recent acquisitions like Altanova and NEco. They project 2022 EPS between $3.10 to $3.20, with sales expected to grow 14% to 17% over the previous year.

ESCO Technologies Inc. (NYSE:ESE) announced a webcast for its First Quarter 2022 Conference Call set for February 8, 2022, at 4 p.m. Central Time. The financial results will be released earlier that day at 3:15 p.m. Central Time, with the call providing commentary on the results. Interested participants should access the company’s website at least 15 minutes prior to the call to ensure necessary software is installed. A replay will be available on the website and via phone.

ESCO Technologies reported Q4 2021 GAAP EPS of $0.78 and Adjusted EPS of $0.85, with $259 million in orders, resulting in a book-to-bill ratio of 1.26x. Full-year GAAP EPS was $2.42 on sales of $715 million, a 2% decline from 2020. Record cash flow from operations reached $123 million for FY 2021. The company expects 2022 net sales to grow 13-16% year-over-year, with Adjusted EPS projected at $3.10-$3.20. The upcoming dividend of $0.08 per share will be paid on January 19, 2022.

ESCO Technologies Inc. (NYSE:ESE) will hold its 2021 Fourth Quarter and Year-End Conference Call on November 18 at 4 p.m. Central Time. The company will release its financial results on the same day at approximately 3:15 p.m. Central Time. Interested participants can access the call via the company’s website, and a replay will be available afterward. ESCO is known for its high-tech filtration and fluid control products across various sectors, including aviation and defense.

The Village of Oak Lawn, Illinois, is finalizing the implementation of Aclara's RF™ advanced metering infrastructure (AMI) and acoustic leak detection system. This project replaces the legacy AMR system and supports 17,000 meters, optimizing water distribution and improving meter reading accuracy. The initiative aims to reduce non-revenue water loss with 825 leak-detection loggers, marking the largest deployment of its kind in the Western Hemisphere. The data will be managed through the AclaraONE® platform, enhancing operational efficiency and providing daily consumption reports.