ESEEsco Technologies, Inc.
Compact View
Earnings Recap
• Reported GAAP EPS of $1.34 up 11.67% YoY • Reported revenue of $309.34M up 16.50% YoY • Esco Technologies maintains its FY 2026 revenue guidance of $1.29B to $1.33B and raises full year Adjusted EPS guidance to $8.00 to $8.25 per share, with Q3'26 Adjusted EPS expected at $2.05 to $2.15 per share.
Bullish
Esco Technologies achieved strong Q2 sales and order growth, with record backlog and significant EPS and margin expansion across segments. The company is also strategically expanding its Utility Solutions Group through the Megger acquisition.
Bearish
Esco Technologies experienced a sales decline in its NRG segment due to lower wind and solar revenue, and profitability was partially offset by inflationary pressures. Increased amortization and corporate acquisition costs also impacted adjusted earnings.