ESCO Technologies (ESE) Tops Q1 EPS by 4c

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Go back to ESCO Technologies (ESE) Tops Q1 EPS by 4c

ESCO Announces First Quarter Fiscal 2020 Results

February 4, 2020 4:16 PM EST

- GAAP EPS $3.32 (Includes Technical Packaging Gain on Sale) - Adjusted EPS $0.43 (Tops Guidance and Consensus) -

St. Louis, Feb. 04, 2020 (GLOBE NEWSWIRE) -- ESCO Technologies Inc. (NYSE: ESE) (ESCO, or the Company) today reported its operating results for the first quarter ended December 31, 2019 (Q1 2020) compared to the first quarter ended December 31, 2018 (Q1 2019).

On January 2, 2020, the Company announced that it had completed the sale of its Technical Packaging segment effective December 31, 2019 which resulted in gross cash proceeds of $191 million ($187 million purchase price plus working capital surplus) and a $77 million, or... More