Espey Mfg. & Electronics (ESP) Expected to Announce Earnings on Wednesday

Espey Mfg. & Electronics (NYSEAMERICAN:ESP) is anticipated to issue its results before the market opens on Wednesday, February 11th. Analysts expect the company to announce earnings of $0.76 per share and revenue of $12.40 million for the quarter.

Espey Mfg. & Electronics (NYSEAMERICAN:ESP) last released its quarterly earnings results on Tuesday, September 16th. The company reported $1.07 earnings per share for the quarter. The business had revenue of $9.60 million during the quarter. Espey Mfg. & Electronics had a return on equity of 18.06% and a net margin of 20.46%.

Espey Mfg. & Electronics Trading Up 5.7%

NYSEAMERICAN ESP opened at $60.14 on Tuesday. Espey Mfg. & Electronics has a 1 year low of $24.85 and a 1 year high of $60.80. The company has a market cap of $176.81 million, a PE ratio of 19.09 and a beta of 0.16. The stock’s 50-day moving average price is $48.36 and its two-hundred day moving average price is $44.39.

Espey Mfg. & Electronics Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Friday, December 19th were issued a dividend of $0.25 per share. The ex-dividend date was Friday, December 19th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.7%. Espey Mfg. & Electronics’s payout ratio is currently 40.82%.

About Espey Mfg. & Electronics

Espey Manufacturing & Electronics Corp., founded in 1961 and headquartered in Lowell, Massachusetts, specializes in the design, development and manufacture of precision electronic components and sensor systems. The company’s core product offerings include magnetostrictive transducers, torque and position sensors, wideband RF and microwave amplifiers, as well as high-reliability printed circuit boards and molded bus assemblies. These solutions are engineered to withstand harsh operating environments and meet stringent performance requirements.

Espey’s sensor technologies are employed in applications ranging from industrial automation and energy production to commercial and military aerospace platforms.