- Esco Tech reported adjusted earnings per share (EPS) of $1.46 for the fourth quarter, surpassing estimates of $1.44.
- This EPS represents an increase from last year’s $1.25 per share.
- Net sales achieved were $298.5 million, a 9.5% increase from the previous year, also beating the forecast of $297 million.
- The company’s order backlog stands at $879.0 million, which is an increase of 14% compared to last year.
- However, orders decreased by 15% year-over-year, totaling $288.8 million.
- For the first quarter forecast, Esco Tech anticipates adjusted EPS between $0.68 and $0.75, while the estimate is at the higher end of $0.75.
- The effective income tax rate for 2025 is projected to be between 23.0 and 23.5 percent.
- Management expects a 10 to 21 percent increase in adjusted EPS for Q1 2025 compared to the first quarter of the previous year.
- For fiscal year 2025, adjusted EPS is expected to rise by 12 to 17 percent, projected to be within the range of $4.70 to $4.90 per share.
- Market sentiment shows three buy ratings and one hold for Esco Tech, with no sell recommendations.
A look at Esco Technologies Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
“`html
ESCO Technologies Inc (ESCO) has a promising long-term outlook based on its Smartkarma Smart Scores. With a high Growth score of 5, the company is positioned well for expansion and development in the future. This indicates potential for significant advancement and market presence in the industry. Additionally, ESCO received a strong Momentum score of 5, suggesting that it is experiencing positive upward trends and may continue to gain traction in the market.
While the Value and Resilience scores are moderate at 3, ESCO Technologies shows stability and is perceived as having a fair value proposition. The Dividend score of 2 may indicate room for improvement in terms of dividend payouts. Overall, based on the Smart Scores, ESCO Technologies appears to be a growth-oriented company with positive momentum, positioning it well for the long term.
“`
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
