ESCO Technologies Inc. (NYSE:ESE) updated its first quarter earnings guidance on Tuesday. The company provided EPS guidance of $0.28-0.33 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.56. ESCO Technologies also updated its FY18 guidance to $2.30-2.40 EPS.

A number of brokerages recently issued reports on ESE. B. Riley reiterated a buy rating on shares of ESCO Technologies in a report on Wednesday, November 1st. BidaskClub upgraded ESCO Technologies from a buy rating to a strong-buy rating in a report on Monday, July 24th. Finally, Zacks Investment Research upgraded ESCO Technologies from a hold rating to a buy rating and set a $68.00 target price on the stock in a report on Tuesday, October 3rd. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of $68.00.

ESCO Technologies Inc. (NYSE:ESE) opened at $56.85 on Thursday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.42 and a current ratio of 2.17. ESCO Technologies Inc. has a 52 week low of $50.30 and a 52 week high of $63.80. The firm has a market capitalization of $1,484.12, a price-to-earnings ratio of 26.85 and a beta of 1.01.

ESCO Technologies (NYSE:ESE) last issued its quarterly earnings data on Tuesday, November 14th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.04. ESCO Technologies had a return on equity of 7.94% and a net margin of 7.39%. The business had revenue of $207.01 million for the quarter, compared to analysts’ expectations of $211.02 million. During the same period last year, the business earned $0.67 EPS. The business’s revenue was up 29.8% on a year-over-year basis. equities research analysts anticipate that ESCO Technologies Inc. will post 2.55 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “ESCO Technologies Inc. (ESE) Issues Q1 Earnings Guidance” was published by Watch List News and is owned by of Watch List News. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international trademark & copyright legislation. The legal version of this story can be accessed at https://www.watchlistnews.com/esco-technologies-inc-ese-issues-q1-earnings-guidance/1706609.html.

About ESCO Technologies

ESCO Technologies Inc (ESCO) is a producer of engineered products and systems sold to customers for utility, industrial, aerospace and commercial applications. The Company operates through four segments: Filtration/Fluid Flow (Filtration), RF Shielding and Test (Test), Utility Solutions Group (USG) and Technical Packaging.

Receive News & Ratings for ESCO Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ESCO Technologies Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.