Espey Mfg. & Electronics (NYSEAMERICAN:ESP) Issues Earnings Results, Beats Expectations By $0.19 EPS

by · The Markets Daily

Espey Mfg. & Electronics (NYSEAMERICAN:ESP – Get Free Report) released its quarterly earnings data on Wednesday. The company reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.19, FiscalAI reports. Espey Mfg. & Electronics had a return on equity of 20.38% and a net margin of 25.50%.The firm had revenue of $13.47 million during the quarter, compared to analysts’ expectations of $14.80 million.

Espey Mfg. & Electronics Price Performance

NYSEAMERICAN:ESP opened at $62.84 on Thursday. The firm has a market capitalization of $188.52 million, a P/E ratio of 16.58 and a beta of 0.37. The business has a 50 day simple moving average of $61.90 and a 200 day simple moving average of $61.54. Espey Mfg. & Electronics has a 12-month low of $36.00 and a 12-month high of $74.77.

Espey Mfg. & Electronics Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 18th will be issued a $0.75 dividend. The ex-dividend date of this dividend is Friday, September 18th. Espey Mfg. & Electronics’s payout ratio is currently 40.82%.

Espey Mfg. & Electronics Company Profile

(Get Free Report)

Espey Mfg. & Electronics Corp. (NYSEAMERICAN: ESP) is a U.S.-based defense electronics company that designs and manufactures specialized electronic systems and components for military and aerospace applications. Its products support the power, computing, display, communications, and control requirements of defense platforms and other mission-critical systems.

The company’s offerings include power supplies and power-conversion equipment, ruggedized electronic assemblies, embedded computing systems, video and display products, and systems used in radar and other defense applications.

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