Eastern (NASDAQ:EML) Posts Quarterly Earnings Results, Misses Estimates By $0.05 EPS

by · The Cerbat Gem

Eastern (NASDAQ:EML – Get Free Report) announced its earnings results on Tuesday. The industrial products company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.05), FiscalAI reports. The business had revenue of $57.53 million for the quarter, compared to the consensus estimate of $68.68 million. Eastern had a net margin of 2.96% and a return on equity of 7.18%.

Eastern Trading Down 0.2%

Shares of NASDAQ EML traded down $0.04 during midday trading on Tuesday, reaching $18.62. The stock had a trading volume of 18,419 shares, compared to its average volume of 14,056. The company’s 50 day moving average price is $18.66 and its 200 day moving average price is $20.69. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.30 and a current ratio of 2.99. Eastern has a twelve month low of $17.61 and a twelve month high of $28.26. The firm has a market cap of $113.02 million, a price-to-earnings ratio of 15.02 and a beta of 0.97.

Eastern Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 13th will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, February 13th. Eastern’s dividend payout ratio is currently 35.48%.

Key Headlines Impacting Eastern

Here are the key news stories impacting Eastern this week:

  • Positive Sentiment: Upcoming earnings catalyst — Eastern is projected to report quarterly results on Tuesday, which can create short‑term volatility and provide fresh guidance that moves the stock. Eastern (EML) Projected to Post Quarterly Earnings on Tuesday
  • Positive Sentiment: Minimal short interest reported — recent data shows essentially no short interest, which reduces immediate downside pressure from short covering or squeezes and can support price stability. (Internal short‑interest note)
  • Neutral Sentiment: Analyst /peer comparisons available — recent writeups comparing Eastern with peers provide context on valuation and business positioning but contain no company‑specific operational updates. Comparing Brady (NYSE:BRC) & Eastern (NASDAQ:EML)
  • Negative Sentiment: Geopolitical volatility and stronger dollar — escalation in Middle East tensions has pushed the U.S. dollar to a multi‑month high and lifted safe‑haven flows, pressuring broad equities and potentially weighing on small industrial names like Eastern. Greenback Reaches Three-Month Peak Amid Escalating Middle Eastern Tensions
  • Negative Sentiment: Rising aluminum and commodity risk — reports show aluminum is climbing on supply concerns tied to the conflict; higher input costs would pressure margins for manufacturers if those costs can’t be passed on. Aluminum Rises as Middle East War Threatens Supply Disruptions

Insider Buying and Selling at Eastern

In other Eastern news, Director James A. Mitarotonda bought 2,433 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were bought at an average price of $20.14 per share, for a total transaction of $49,000.62. Following the transaction, the director directly owned 634,933 shares in the company, valued at approximately $12,787,550.62. This trade represents a 0.38% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John Everets bought 1,435 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were acquired at an average cost of $19.55 per share, with a total value of $28,054.25. Following the purchase, the director directly owned 139,855 shares of the company’s stock, valued at $2,734,165.25. This trade represents a 1.04% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders purchased 8,135 shares of company stock worth $160,414. 17.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of EML. Goldman Sachs Group Inc. increased its position in shares of Eastern by 43.4% during the first quarter. Goldman Sachs Group Inc. now owns 20,533 shares of the industrial products company’s stock worth $520,000 after acquiring an additional 6,219 shares in the last quarter. First Trust Advisors LP increased its holdings in Eastern by 3.5% during the 2nd quarter. First Trust Advisors LP now owns 18,455 shares of the industrial products company’s stock worth $421,000 after purchasing an additional 617 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in shares of Eastern by 3,259.7% in the fourth quarter. Osaic Holdings Inc. now owns 13,674 shares of the industrial products company’s stock valued at $269,000 after purchasing an additional 13,267 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Eastern by 35.4% during the third quarter. JPMorgan Chase & Co. now owns 8,950 shares of the industrial products company’s stock worth $210,000 after buying an additional 2,338 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. purchased a new stake in Eastern in the 3rd quarter valued at $206,000. Institutional investors and hedge funds own 76.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on EML shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Eastern in a research report on Monday, December 29th. Wall Street Zen upgraded Eastern to a “hold” rating in a research report on Saturday, January 10th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Eastern has an average rating of “Hold”.

Read Our Latest Report on Eastern

About Eastern

(Get Free Report)

Eastern (NASDAQ:EML), based in West Haven, Connecticut, is a diversified industrial manufacturer specializing in secure hardware and metal finishing services. The company operates through two primary segments: Industrial Hardware Products and Security Products, complemented by a Metal Coatings division. Its Industrial Hardware Products segment produces cold-headed fasteners, forgings, hinges and precision components for heavy commercial vehicles, hydraulic cylinders and industrial machinery.

The Security Products segment designs and manufactures a wide range of lock and latch solutions, including padlocks, door hardware, cabinet locks and rental security towers for commercial and institutional applications.

See Also