ESCO Technologies Inc. reported a transformational third quarter for fiscal year 2025, with sales from continuing operations increasing 27 percent and Adjusted EPS from Continuing Operations rising 25 percent. The Adjusted EBIT margin expanded by 180 basis points to 21.1 percent, reflecting the positive impact of strategic portfolio changes.
The company's operating results for VACCO Industries are now presented as Discontinued Operations, following the finalization of its divestiture. This quarter marks a significant step in ESCO's evolution, with the successful integration of ESCO Maritime Solutions and the exit from the space business.
Management raised and narrowed its full-year fiscal 2025 guidance for revenue from continuing operations to a range of $1.075 billion to $1.105 billion, an increase of $20 million, representing 17 to 20 percent growth over the prior year. Organic revenue from continuing operations is expected to be $985 million to $1.005 billion, a 7 to 9 percent increase.
The full-year Adjusted EPS guidance was also increased and narrowed to $5.75 to $5.90, reflecting 21 to 24 percent growth over fiscal year 2024 EPS from Continuing Operations. ESCO ended the quarter with a record backlog of $1.17 billion, providing strong visibility for future revenue streams and underscoring the robust demand for its enhanced portfolio of businesses.
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