ESCO Technologies Inc. Q1 Profit Rises

ESCO Technologies Inc. (ESE) released earnings for its first quarter that increased from the same period last year

The company's bottom line came in at $23.47 million, or $0.91 per share. This compares with $15.17 million, or $0.59 per share, last year.

Excluding items, ESCO Technologies Inc. reported adjusted earnings of $1.07 per share for the period.

The company's revenue for the period rose 13.2% to $247.03 million from $218.31 million last year.

ESCO Technologies Inc. earnings at a glance (GAAP) :

-Earnings: $23.47 Mln. vs. $15.17 Mln. last year.
-EPS: $0.91 vs. $0.59 last year.
-Revenue: $247.03 Mln vs. $218.31 Mln last year.

-Guidance:
Next quarter EPS guidance: $1.20 to $1.30
Full year EPS guidance: 5.55 to $5.75
Full year revenue guidance: $1.09 to $1.11 Bln

by RTTNews Staff Writer

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