ESCO Technologies (ESE) Tops Q1 EPS by 11c, Q2 EPS Guidance Comes in Light

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Go back to ESCO Technologies (ESE) Tops Q1 EPS by 11c, Q2 EPS Guidance Comes in Light

ESCO Announces First Quarter 2016 Results

February 9, 2016 4:16 PM EST

Sales Increase 10 Percent; EPS - As Adjusted Increases 24%

ST. LOUIS, February 9, 2016 - ESCO Technologies Inc. (NYSE: ESE) (ESCO or the Company) today reported its operating results for the first quarter ended December 31, 2015 (Q1 2016).

Management previously announced certain 2016 restructuring actions as described and quantified in the Company's October 8, 2015 and November 12, 2015 releases. The costs associated with these restructuring actions were excluded from Management's 2016 quarterly and full year earnings guidance communicated at the start of the year. Management will quantify these costs in its... More