What Does Wall Street See for ESCO Technologies's Q1?

Checking expectations

Seth Jayson
Seth Jayson
Feb 3, 2013 at 12:00AM
Other

ESCO Technologies (NYSE: ESE) is expected to report Q1 earnings on Feb. 7. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict ESCO Technologies's revenues will wane -2.4% and EPS will decrease -52.6%.

The average estimate for revenue is $149.3 million. On the bottom line, the average EPS estimate is $0.09.

Revenue details
Last quarter, ESCO Technologies logged revenue of $192.2 million. GAAP reported sales were 0.8% higher than the prior-year quarter's $190.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $0.65. GAAP EPS of $0.65 for Q4 were 14% higher than the prior-year quarter's $0.57 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 39.1%, 370 basis points better than the prior-year quarter. Operating margin was 14.7%, 610 basis points better than the prior-year quarter. Net margin was 9.2%, 110 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $767.3 million. The average EPS estimate is $2.40.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 71 members out of 79 rating the stock outperform, and eight members rating it underperform. Among 24 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 22 give ESCO Technologies a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ESCO Technologies is outperform, with an average price target of $40.70.

The rich are different than you and me: They might not notice the moneymaking stories right under our noses. In our new report, "Middle-Class Millionaire-Makers: 3 Stocks Wall Street's Too Rich to Notice," we give you three Peter Lynch-inspired buy-what-you-know stocks for the 99%. Click here for instant access to this free report.