ESCO Technologies Earnings Reports

ESCO Technologies delivered a strong third quarter in fiscal 2025, with sales increasing 27% to $296.3 million and Adjusted EPS from Continuing Operations rising 25% to $1.60. The company saw a remarkable 194% increase in orders, reaching $749 million, leading to a record backlog of $1.17 billion. This performance was largely attributed to the strategic acquisition of Maritime and the divestiture of VACCO, which reshaped the company's portfolio towards a larger Navy business.

ESCO Technologies reported a strong second quarter for fiscal year 2025, with sales increasing by 7% to $266 million and GAAP EPS rising by 33% to $1.20. Adjusted EPS also saw significant growth, increasing by 24% to $1.35. The company achieved a record backlog of $932 million driven by a 22% increase in orders, resulting in a book-to-bill ratio of 1.10x.

ESCO Technologies Inc. delivered an outstanding first quarter for fiscal year 2025, with sales increasing by 13.2% to $247.0 million and GAAP EPS rising by 54% to $0.91. Adjusted EPS also saw a substantial increase of 48% to $0.92, or 41% to $1.07 excluding acquisition-related amortization. The company achieved a record backlog of $907 million, reflecting strong order flow and market conditions.

ESCO Technologies reported a solid Q4, with a 9.5% increase in sales to $299 million and a 16.8% increase in Adjusted EPS to $1.46. All three segments delivered sales growth and margin improvement. The company delivered record financial performance, eclipsing the $1 billion mark on sales and orders for the full fiscal year.

ESCO Technologies reported a solid Q3 2024, with orders increasing by 46% to $312 million and sales increasing by 5% to $261 million. GAAP EPS increased by 5% to $1.13, and Adjusted EPS increased by 6% to $1.16.

ESCO Technologies reported a solid second quarter with a 9% increase in revenue to $249 million and a 24% increase in adjusted EPS to $0.94 compared to the prior year quarter. The company maintains its full year adjusted EPS guidance in the range of $4.15 to $4.30, representing 12 to 16 percent growth.

ESCO Technologies reported a strong start to fiscal year 2024, with a 6% increase in sales to $218 million and a book-to-bill ratio of 1.35x, resulting in a record backlog of almost $850 million. GAAP EPS was $0.59 and adjusted EPS was $0.62. The company is raising the lower end of its full year guidance.

ESCO Technologies reported record sales, Adjusted EBIT, Adjusted EPS, entered orders, and year-end backlog. Q4 GAAP EPS was $1.24 and Adjusted EPS was $1.25. Record quarterly orders of $340 million capped off a year in which they surpassed $1 billion dollars in orders for the first time.

ESCO Technologies reported a strong Q3 2023 with a 14% increase in sales to $249 million. GAAP EPS was $1.08 and adjusted EPS was $1.09. The company is raising its full year earnings guidance based on year-to-date results and expectations for the fourth quarter.

ESCO Technologies reported a solid second quarter with double-digit revenue growth and expanded operating margins. Q2 sales increased 12% to $229 million, with $252 million in orders and a book-to-bill ratio of 1.10x. The company achieved record ending backlog at $741 million.

ESCO Technologies reported a strong start to fiscal year 2023, with a 16% increase in sales to $206 million and a book-to-bill ratio of 1.11x. The company's record ending backlog of $718 million provides confidence in delivering the 2023 guidance. The company narrowed its full year guidance to $3.50 to $3.60.

ESCO Technologies reported record fourth quarter and fiscal year 2022 results, with strong entered orders and a record year-end backlog of $695 million. The company's cash flow from operations was $135 million with a 108 percent free cash flow conversion rate.

ESCO Technologies reported a strong third quarter with a 21% increase in sales to $219 million and GAAP EPS of $0.89. The company received $255 million in orders, resulting in a book-to-bill ratio of 1.16x. Management expects Q4 Adjusted EPS to be in the range of $1.12 to $1.18 per share.

ESCO Technologies reported a strong second quarter with a 23.5% increase in sales to $205 million and a book-to-bill ratio of 1.15x, driven by increased activity from North American utility customers and a recovery in commercial aerospace revenue. The company achieved record Q2 revenue and a 16% growth in Adjusted EPS, despite facing challenges from supply chain issues and inflation. The company expects revenue and earnings to be more second half weighted.

ESCO Technologies reported an 8.8% increase in sales compared to Q1 2021, driven by recent acquisitions and solid organic growth in aerospace, renewables, and Test end-markets. Entered orders were up 42% to $224 million. Labor and supply chain constraints impacted sales by an estimated $5 to $8 million.

ESCO Technologies reported Q4 2021 results, with GAAP EPS of $0.78 and adjusted EPS of $0.85. The company saw a 50% increase in entered orders to $259 million. They are entering 2022 with confidence due to a record ending backlog.

ESCO Technologies reported a 5% increase in sales and a significant rise in entered orders, up 29% year-over-year to over $200 million. The company's performance was driven by growth in commercial and military aerospace, Navy, space, electric utility, and renewable energy sectors. Despite challenges at Westland Technologies, ESCO maintained solid profitability and cash flow.

ESCO Technologies Inc. reported solid Q2 2021 results, managing the impact of COVID-19 through diversity across end-markets and disciplined working capital management. Adjusted EPS was $0.59 per share, and the company saw increased cash generation and liquidity.

ESCO Technologies Inc. reported strong Q1 2021 results, demonstrating resilience through diversity and effective cost management. The company's performance was driven by USG's exceeding expectations, while managing COVID-19 impacts in commercial aerospace and utility sectors. Record cash flow was generated, debt was reduced, and investments in new products continued.

ESCO Technologies Inc. reported Q4 2020 results, with GAAP EPS of ($0.81) per share and Adjusted EPS of $0.90 per share. The company's 2020 sales were $733 million with an Adjusted EBITDA of $137 million and Adjusted EPS of $2.76 per share.

ESCO Technologies reported solid Q3 2020 results, demonstrating resilience through diversity and effective cost management, achieving Adjusted EBITDA consistent with Q3 2019 despite sales decrease.

ESCO Technologies reported a 5% increase in net sales for Q2 2020. GAAP and adjusted EPS were $0.68, with adjusted EBITDA at $31.4 million. The company withdrew its full-year 2020 financial guidance due to COVID-19 uncertainties but highlighted a strong liquidity position and backlog.

ESCO Technologies reported a strong first quarter, exceeding adjusted EPS guidance due to solid performance in the Test and A&D segments, while completing the sale of the Technical Packaging segment.