The Eastern Company Reports Fiscal Year 2017 Earnings of $0.80 Per Diluted Share and Adjusted Earnings of $1.49 Per Diluted Share
Eastern Company (The) (EML)
US:NASDAQ Investor Relations:
easterncompany.com
Company Research
Source: Business Wire
The Company’s Fiscal Year 2017 Net Sales Increased by 48% and Organic Sales Grew by 13% NAUGATUCK, Conn.--(BUSINESS WIRE)-- The Eastern Company (NASDAQ:EML) today announced the results of operations for the fiscal year and fourth quarter of 2017. Sales for the fiscal year 2017 were $204.2 million, compared to $137.6 million for fiscal year 2016. Net income for the fiscal year 2017 was $5.0 million, or $0.80 per diluted share, compared to $7.8 million, or $1.25 per diluted share, for the fiscal year 2016. Sales for the fourth quarter of 2017 were $54.1 million compared to $34.1 million for the same period in 2016. Net income for the fourth quarter of 2017 was ($0.2) million, or ($0.03) per diluted share compared to $2.6 million, or $0.42 per diluted share, for the comparable 2016 period. Mr. Vlak, President and CEO, said that “our results for the 2017 fiscal year and the fourth quarter of 2017 ref
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- The Eastern Company Announces Timing of Virtual Annual Meeting of Shareholders Accesswire
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EML
Analyst Actions
- 3/21/24 - TheStreet
EML
Sec Filings
- 3/20/24 - Form 4
- 3/19/24 - Form 4
- 3/19/24 - Form 4
- EML's page on the SEC website