Eastern Q1 2024 Adj. EPS $0.31 Down From $0.36 YoY; Net Sales $67.9M Down From $72.5M YoY
$EML
Industrial Machinery/Components
Consumer Discretionary
Eastern Q1 2024 Adj. EPS $0.31 Down From $0.36 YoY; Net Sales $67.9M Down From $72.5M YoY
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SHELTON, CT / ACCESSWIRE / October 29, 2024 / The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable December 13, 2024, to common shareholders of record as of November 15, 2024. This dividend represents the Company's 337th consecutive quarterly dividend.About The Eastern CompanyThe Eastern Company manages industrial businesses that design, manufacture and sell unique engineered solutions to markets. Eastern's businesses operate in industries that offer long-term macroeconomic growth opportunities. The Company operates from locations in the U.S., Canada, Mexico, Taiwan, and China. More information on t
SHELTON, CT / ACCESSWIRE / October 21, 2024 / The Eastern Company (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, will release financial results for the third quarter fiscal year 2024 after the market close on Tuesday, November 5, 2024.Management will hold a conference call and webcast on Wednesday, November 6, 2024 at 11:00 a.m. ET to discuss the Company's results and other matters. For those who cannot listen to the live broadcast, a replay of the webcast will be available.What: The Eastern Company Q3 Fiscal Year 2024 Financial Results Conference CallWhen: Wednesday, November 6, 2024Time: 11
Net income for Q2 2024 rises to $3.5 million, or $0.56 per diluted share, compared to net income of $1.4 million, or $0.22 per diluted share, for Q2 2023.Gross margin increases to 25% in Q2 2024 compared to 22% in Q1 2023.Backlog as of June 29, 2024 rises 43% to $107.3 million from $75.3 million as of July 1, 2023.SHELTON, CT / ACCESSWIRE / August 6, 2024 / The Eastern Company ("Eastern") (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, today announced the results of operations for the second fiscal quarter ended June 29, 2024.President and CEO Mark Hernandez stated, "Our second quarter results
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SHELTON, CT / ACCESSWIRE / October 29, 2024 / The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable December 13, 2024, to common shareholders of record as of November 15, 2024. This dividend represents the Company's 337th consecutive quarterly dividend.About The Eastern CompanyThe Eastern Company manages industrial businesses that design, manufacture and sell unique engineered solutions to markets. Eastern's businesses operate in industries that offer long-term macroeconomic growth opportunities. The Company operates from locations in the U.S., Canada, Mexico, Taiwan, and China. More information on t
SHELTON, CT / ACCESSWIRE / October 21, 2024 / The Eastern Company (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, will release financial results for the third quarter fiscal year 2024 after the market close on Tuesday, November 5, 2024.Management will hold a conference call and webcast on Wednesday, November 6, 2024 at 11:00 a.m. ET to discuss the Company's results and other matters. For those who cannot listen to the live broadcast, a replay of the webcast will be available.What: The Eastern Company Q3 Fiscal Year 2024 Financial Results Conference CallWhen: Wednesday, November 6, 2024Time: 11
Net income for Q2 2024 rises to $3.5 million, or $0.56 per diluted share, compared to net income of $1.4 million, or $0.22 per diluted share, for Q2 2023.Gross margin increases to 25% in Q2 2024 compared to 22% in Q1 2023.Backlog as of June 29, 2024 rises 43% to $107.3 million from $75.3 million as of July 1, 2023.SHELTON, CT / ACCESSWIRE / August 6, 2024 / The Eastern Company ("Eastern") (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, today announced the results of operations for the second fiscal quarter ended June 29, 2024.President and CEO Mark Hernandez stated, "Our second quarter results
SHELTON, CT / ACCESSWIRE / January 26, 2023 / The Eastern Company (the "Company" or "Eastern") (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, today announced that its Board of Directors has named Nicholas ("Nick") Vlahos as its Chief Financial Officer to succeed Peter O'Hara, who has resigned effective February 3, 2023 to pursue other opportunities.Mark Hernandez, Eastern's President and Chief Executive Officer, said, "During his time at Eastern, Nick has demonstrated strong leadership capabilities, business judgment, and results orientation. Nick has been integral to Eastern's growth, both o
NAUGATUCK, CT / ACCESSWIRE / December 20, 2021 / The Eastern Company ("Eastern" or the "Company") (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, today announced that Michael McManus will retire from its Board of Directors, effective December 31, 2021.James Mitarotonda, Chairman of the Board said, "On behalf of The Eastern Company and its board of directors, I thank Mike for his dedicated service to Eastern since 2015, including as Chairman of the Compensation Committee and a member of the Audit and Environmental, Health & Safety Committees. We have benefitted from his insights and leadership
Eastern Co (NASDAQ:EML) reported quarterly earnings of $0.56 per share. This is a 409.09 percent increase over earnings of $0.11 per share from the same period last year. The company reported $67.00 million in sales this quarter. This is a 3.04 percent decrease over sales of $69.10 million the same period last year.
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