ESCO Technologies lowers FY25 earnings guidance but reports Q4 sales rise, stock declines.

ESCO Technologies (ESE) updated its FY25 earnings guidance to $4.70-4.90 EPS and revenue of $1.1 billion, below analyst expectations. Despite this, Q4 saw a 9.5% increase in sales to $299 million, with GAAP EPS up 6.5% to $1.32. The company's stock fell to $139.62, with a market cap of $3.61 billion. Analysts remain optimistic, with Benchmark and Stephens reaffirming "buy" and "overweight" ratings, respectively.

November 14, 2024
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