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Esco Technologies ( (ESE) ) has provided an update.
ESCO Technologies Inc. announced a robust fiscal year 2024 with significant growth in sales and earnings, driven by strong performance across its divisions and strategic acquisitions. The fourth quarter saw a 9.5% sales increase to $299 million, while the full year sales exceeded the $1 billion mark, showcasing a 7.4% rise. Adjusted Earnings Per Share (EPS) surged by 16.8% in Q4 and 13% for the year, reflecting operational efficiencies and enhanced market positioning. As the company enters 2025, it anticipates continued momentum in its key aerospace, Navy, and electric power markets.
Learn more about ESE stock on TipRanks’ Stock Analysis page.
