ESCO Technologies Inc (ESE) saw its stock price surge 10.01% in after-hours trading on Wednesday, following the release of its second-quarter fiscal 2025 results that surpassed analyst expectations. The company's impressive performance and positive outlook have sparked investor enthusiasm.
ESCO reported adjusted earnings per share (EPS) of $1.35 for Q2, significantly beating the analyst consensus estimate of $1.25. This represents a substantial 43.62% increase from the $0.94 per share reported in the same period last year. The company's quarterly sales also exceeded expectations, coming in at $266 million compared to the estimated $265 million, marking a 6.58% year-over-year growth.
Looking ahead, ESCO provided a robust outlook for the coming periods. The company expects Q3 adjusted EPS to range between $1.5 and $1.6, while the full-year adjusted EPS is projected to be between $0.2 and $0.3. Furthermore, ESCO reaffirmed its initial fiscal 2025 guidance, anticipating organic sales growth of 6 to 8 percent. This positive forecast, coupled with the strong Q2 results, appears to have fueled the significant after-hours stock price increase.