ESCO Technologies Q1 sales rise 35%

Overview

• Engineering solutions provider's Q1 2026 sales rose 35% yr/yr to $290 mln

• Adjusted EPS for Q1 2026 increased 73% to $1.64

• Entered orders for Q1 2026 surged 143% to $557 mln, setting a record backlog

Outlook

• ESCO raises FY 2026 revenue guidance to $1.29 bln - $1.33 bln

• Company expects FY 2026 Adjusted EPS of $7.90 - $8.15 per share

• ESCO increases Test segment revenue growth expectation to 9-11%

Result Drivers

• MARITIME CONTRIBUTION - Maritime segment added $51 mln to revenue growth, significantly boosting sales

• STRONG ORDERS - Entered orders increased 143% to $557 mln, driven by broad-based demand across segments

• ORGANIC GROWTH - Organic sales increased $24 mln, reflecting positive end-market conditions

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

• Wall Street's median 12-month price target for ESCO Technologies Inc is $255.00, about 9% above its February 4 closing price of $234.05

• The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 30 three months ago

Press Release: ID:nGNE3Z3YF9

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