ESCO Technologies Inc. ($ESE) 4Q20 Earnings Sneak Peek

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ESCO Technologies Inc. (NYSE:ESE) is set to announce fourth quarter earning results on Thursday 19th November 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, ESE to report 4Q20 income of $ 0.76 per share.

For the full year, analysts anticipate top line of $ 713.60 million, while looking forward to income of $ 2.60 per share bottom line.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 886.14 million ~ $ 894.27 million, where as bottomline are predicted in a range of $ 3.20 ~ $ 3.30 per share

Click Here For More Historical Outlooks Of ESCO Technologies Inc.

Previous Quarter Performance

ESCO Technologies Inc. unwinded income for the third quarter of $ 0.76 per share, from the revenue of $ 172.66 million. The quarterly earnings shrunk 6.17 percent compared with the same quarter last year. Street analysts expected ESCO Technologies Inc. to report income of $ 0.48 per share on revenue of $ 172.50 million for the third quarter. The bottom line results beat street analysts by $ 0.28 or 58.33 percent, at the same time, top line results outshined analysts by $ 0.16 million or 0.09 percent.

Stock Performance

Shares of ESCO Technologies Inc. traded low $ -1.24 or -1.23 percent on Wednesday, reaching $ 99.35 with volume of 69.90 thousand shares. ESCO Technologies Inc. has traded high as $ 101.23 and has cracked $ 99.35 on the downward trend

According to the previous trading day, closing price of $ 99.35, representing a 60.58 % increase from the 52 week low of $ 62.64 and a 6.08 % decrease over the 52 week high of $ 107.10.

The company has a market capital of $ 2.59 billion and is part of the Technology sector and Scientific & Technical Instruments industry.

Conference Call

ESCO Technologies Inc. will be hosting a conference call at 5:00 PM eastern time on 19th November 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.escotechnologies.com

ESCO Technologies Inc. produces and supplies engineered products and systems for utility, industrial, aerospace, and commercial users worldwide. The company operates in four segments: Filtration/Fluid Flow (Filtration), RF Shielding and Test (Test), Utility Solutions Group (USG), and Technical Packaging.