Earnings Preview for ESCO Technologies

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ESCO Technologies ESE unveils its next round of earnings this Thursday, November 19. Get prepared with Benzinga's ultimate preview for ESCO Technologies's Q4 earnings.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts expect ESCO Technologies earnings of $0.76 per share. Revenue will likely be around $188.71 million, according to the consensus estimate. In the same quarter last year, ESCO Technologies reported EPS of $1.09 on revenue of $236.66 million.

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Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The analyst consensus estimate would represent a 30.28% decrease in the company's earnings. Sales would be down 20.26% on a year-over-year basis. Here is how the ESCO Technologies's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2019
EPS Estimate 0.48 0.57 0.39 1.06
EPS Actual 0.76 0.68 0.43 1.09
Revenue Estimate 172.50 M 180.52 M 166.85 M 235.35 M
Revenue Actual 172.66 M 180.49 M 171.73 M 236.66 M

Stock Performance

Over the last 52-week period, shares of ESCO Technologies are up 17.94%.

Do not be surprised to see the stock move on comments made during its conference call. ESCO Technologies is scheduled to hold the call at 17:00:00 ET and can be accessed here.

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