ESCO Technologies Q4 Profit From Cont. Ops. Decreases - Quick Facts

(RTTNews) - ESCO Technologies Inc. (ESE) reported fourth-quarter net income from continuing operations of $12.9 million or $0.49 per share, compared to $13.9 million or $0.52 per share, prior year. Adjusted earnings per share from continuing operations was $0.51, for the quarter.

On average, five analysts polled by Thomson Reuters expected the company to report profit per share of $0.46 for the quarter. Analysts' estimates typically exclude special items.

Sales increased to $151.41 million from $144.60 million last year. Analysts expected revenue of $145.80 million for the quarter.

The company expects 2015 sales growth of 2 to 5 percent, EBIT growth of 8 to 10 percent, and EPS in the range of $1.70 to $1.80 per share. Analysts expect the company to report 2015 earnings per share of $1.78.

The company expects its first-quarter EPS to be in the range of $0.28 to $0.33. Analysts expect the company to report first-quarter earnings per share of $0.39.