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ESCO Technologies Fiscal Q2 Adjusted Earnings, Revenue Rise; Shares Fall After Hours

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-- ESCO Technologies (ESE) reported fiscal Q2 adjusted earnings late Thursday of $1.91 per diluted share, up from $1.17 a year earlier.

Three analysts polled by FactSet expected $1.84.

Net sales in the three months ended March 31 rose to $309.3 million from $231.8 million a year earlier.

Three analysts surveyed by FactSet expected $307.9 million.

ESCO boosted full-year adjusted EPS guidance to $8 to $8.25 from its February forecast of $7.90 to $8.15. The company maintained its revenue outlook of $1.29 billion to $1.33 billion.

Three analysts surveyed by FactSet project EPS of $8.15 on revenue of $1.32 billion.

The company kept its quarterly dividend at $0.08 per share, payable July 17 to stockholders of record July 2.

ESCO shares fell 6.1% in after-hours trading.

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