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Esco Technologies: Fiscal Q3 Earnings Snapshot
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ST. LOUIS (AP) — ST. LOUIS (AP) — Esco Technologies Inc. (ESE) on Thursday reported fiscal third-quarter profit of $32.7 million.

On a per-share basis, the St. Louis-based company said it had net income of $1.26. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to $2.20 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.12 per share.

The maker of smart meters and filtration products posted revenue of $339 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $338.5 million.

For the current quarter ending in September, Esco Technologies expects its per-share earnings to range from $2.55 to $2.65.

The company expects full-year earnings in the range of $8.30 to $8.40 per share, with revenue ranging from $1.3 billion to $1.33 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ESE at https://www.zacks.com/ap/ESE

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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