Espey Mfg. & Electronics (NYSEAMERICAN:ESP – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.19, FiscalAI reports. Espey Mfg. & Electronics had a net margin of 25.50% and a return on equity of 20.38%. The business had revenue of $13.47 million during the quarter, compared to analyst estimates of $14.80 million.
Espey Mfg. & Electronics Stock Performance
Shares of ESP opened at $64.30 on Wednesday. Espey Mfg. & Electronics has a 52 week low of $36.00 and a 52 week high of $74.77. The stock has a 50 day moving average price of $61.78 and a two-hundred day moving average price of $61.48. The firm has a market capitalization of $192.90 million, a P/E ratio of 16.97 and a beta of 0.37.
Espey Mfg. & Electronics Dividend Announcement
The business also recently declared a special dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 18th will be paid a dividend of $0.75 per share. The ex-dividend date is Friday, September 18th. Espey Mfg. & Electronics’s payout ratio is 40.82%.
Espey Mfg. & Electronics Company Profile
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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