Eastern (EML) Fiscal Q2 Revenue Rises

Eastern (NASDAQ:EML) is a diversified industrial company focused on engineered solutions for commercial, transportation, and industrial end-markets. The company reported its second-quarter fiscal 2025 results on August 5, 2025, revealing results that topped analyst expectations for both adjusted earnings per share and revenue. Adjusted earnings per share from continuing operations was $0.57 for Q2 FY2025, beating the $0.54 consensus non-GAAP EPS estimate, while GAAP revenue reached $70.2 million, ahead of the $68.87 million GAAP estimate. Despite these beats, both metrics fell compared to the prior year, with operating results pressured by ongoing weakness in core transportation and industrial end-markets. Overall, the period showed progress in cost-control and portfolio actions but highlighted ongoing market and structural pressures. Source: Analyst estimates for the quarter provided by FactSet. Eastern manufactures specialized components and engineered solutions used in transportation, industrial, and commercial applications. Its core businesses include Eberhard, which produces industrial latching and locking hardware; Velvac, a manufacturer of vision systems and mirrors for medium and heavy-duty trucks; and Big 3 Precision, which delivers packaging and racking products and blow molded tooling.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool