Eastern Company reports earnings rebound with $74.98 million in Q3 revenue
EML Eastern Co
$31.42 +6.58%
View chart & analysis → - 1Eastern Company reported adjusted earnings per share of $0.60 for the third quarter.
- 2The year-over-year growth rate of Eastern Company's adjusted earnings per share was 361.5%.
- 3Management stated that net sales, gross margin, and operating margin all reached their highest levels in five quarters.
So what's the key point?
Eastern Company's profits grew significantly by 361.5% compared to last year in the third quarter. This means performance improved as sales and profit margins reached their highest levels in five quarters.
Source Earnings Whispers · View original ↗
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