The Eastern Company Reports First Quarter 2024 Results [Yahoo! Finance]
Eastern Company (The) (EML)
US:NASDAQ Investor Relations:
easterncompany.com
Company Research
Source: Yahoo! Finance
Net income for Q1 2024 rises to $1.9 million, or $0.31 per diluted share, compared to net income of $0.6 million, or $0.10 per diluted share, for Q1 2023. Backlog as of March 30, 2024 rises 22% to $97.4 million compared to $80.1 million as of December 30, 2023. Solid operational foundation established in 2023 positions Eastern to take steps to further reduce costs, improve product competitiveness, deliver increased earnings, and enhance shareholder value. SHELTON, CT / ACCESSWIRE / May 6, 2024 The Eastern Company ("Eastern") (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, today announced the results of operations for the first fiscal quarter ended March 30, 2024. "The many operational improvement initiatives we undertook in 2023 continued to produce results in early 2024," said President and CEO Mark Hernandez. "We greatly improved our gross margin and earnings year over year t
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News
- Gulf markets drop on weaker earnings; US inflation data in focus [Reuters]Reuters
- The Eastern Company (NASDAQ:EML) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Major Gulf markets muted as Mideast conflict rages [Reuters]Reuters
- The Eastern Company Reports First Quarter 2024 ResultsAccesswire
- The Eastern Company: Working Towards Expanding Margins [Seeking Alpha]Seeking Alpha
EML
Analyst Actions
- 3/21/24 - TheStreet
EML
Sec Filings
- 5/16/24 - Form 8-K
- 5/8/24 - Form 8-K
- 5/6/24 - Form 10-Q
- EML's page on the SEC website