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Eastern Co  (EML)
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    Sector  Capital Goods    Industry Industrial Machinery and Components
 
 

EARNINGS REPORT by CSIMarket

Decline in Earnings despite Increase in Demand


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Eastern Co announced first quarter 2017 operating income of $2.236201 millions



Eastern Co reported declining eps on increasing revenue in the first quarter 2017, where Sales grew by 4.73 % to $36 millions in comparison to $34 millions on a year-over-year basis, while income fell by -17.32 % to $0.24 per share, income per share was $0.29 in the same quarter a year ago.

In the previous quarter company realized Sales of $31 millions and bottom line of $0.42 per share.

Net income of $2 millions in the first quarter 2017 fell by -12.85 % from $2 millions in the corresponding period a year before. Eastern Co shifted it's focus on improving sales in the first quarter 2017, as a result net margin eased to 4.21%.


Eastern Co is expected to report next financial results on July 28, 2017.
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Other EML's Earnings Reports

Eastern Co reported forth quarter 2016 earnings

Eastern Co reported second quarter 2016 earnings

Eastern Co reported first quarter 2016 earnings



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