ESCO Earnings: Analysts Predict Slow Growth

ESCO, an engineered products manufacturer, is set to report its latest earnings this Thursday. Last quarter, the company missed revenue expectations by 7%, but still saw a 27% year-over-year increase. Analysts predict a 2.6% year-over-year revenue growth for this quarter, with adjusted earnings of $2.14 per share. ESCO has a history of missing Wall Streets revenue forecasts, but its stock price remained unchanged over the last month. The companys average analyst price target is $225, compared to its current share price of $214.31.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.