ESCO Technologies (NYSE: ESE) reported Q3 EPS of $0.41, in-line with the analyst estimate of $0.41. Revenue for the quarter came in at $134.2 million versus the consensus estimate of $137.12 million.

ESCO Technologies sees Q4 2015 EPS of $0.55-$0.60, versus the consensus of $0.62.

Business Outlook – Fiscal Year 2015 (and 3 Year)

• Management expects the remainder of 2015 to reflect a profile similar to 2014, with the resulting Q4 sales and EPS being the strongest/highest Quarter of the respective fiscal years.
• Q4 2015 sales and EBIT dollars are expected to increase significantly over Q4 2014, led by strong year-over-year comparisons in Filtration and at Doble.
• As a result of the Test business softness and Q3 write-offs, partially offset by the cost reduction actions being implemented, Management has narrowed its EPS guidance to be in the range of $1.70 to $1.75 per share. The 2015 Test business actions are expected to significantly improve future EBIT margins once completed.
• Q4 2015 EPS is expected to be in the range of $0.55 to $0.60 per share, compared to Q4 2014 EPS from Continuing Operations – As Adjusted of $0.51 per share.
• Management continues to see solid, tangible growth opportunities in sales, EBIT, and EPS across each of the business segments consistent with the three-year expectations communicated in the Company’s September 9, 2014Analyst Day Presentation (included on the Company’s website).
  

For earnings history and earnings-related data on ESCO Technologies (ESE) click here.