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The Eastern Company  (EML)
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The Eastern Company

EML's Financial Statements and Analysis



The Eastern Company reported in the forth quarter of 2023 net earnings per share of $0.57 an increase by 535.14 % year on year from $0.09 and an improvement of 15.71 % from $0.49 realized in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 0.57 $  67 Mill
$+0.48     +535.14 % $-2M     -3.02 %



The Eastern's Revenue fell by -3.02 % in forth quarter of 2023 (Dec 30 2023) year on year, to $67 million and advanced by 2.06 % sequentially.


The Eastern is

More on EML's Income Statement



The Eastern's net income of $3.517 million in the forth quarter of 2023 increased by 834.53 % from net earnings of $0.376 million achieved in IV. Quarter a year ago.

Sequentially net earnings grew by 14.85 % from net income of $3.062 million realized in previous quarter.

More on EML's Growth

The Eastern Inventories
Inventories declined by -10.15 % to $60.65 million from IV. Quarter a year ago, sequentially inventories rose by 5.41 %. In Dec 30 2023 company's net cash and cash equivalents decreased by $-1 million, capital expenditures fell by -1.6310415.19%, to $-2 millions compare to same quarter a year ago

More on EML's Cash flow Statement


The Eastern Company payed out dividend of $0.44 per share in last 52 weeks representing 31.88 % of net earning per share in trailing twelve-month period.

During the same period The Eastern Company earned $ 4.23 cash per share, on a free-cash flow basis 306.23 % of net earning per share.

Book value grew by 1.63 % sequentially to $20.53 per share, 48.96% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 6.67 per share from $ 6.14.

Company issued 0.02 million shares or 0.28 % in Dec 30 2023.
Interest Coverage Ratio was 4.13. Debt Coverage Ratio was 0.26.

More on EML's Dividends

 Market Capitalization (Millions) 176
 Shares Outstanding (Millions) 6
 Total Debt (Millions $) 49
 Revenue (TTM) (Millions $) 273
 Net Income (TTM) (Millions $) 9
 Cash Flow (TTM) (Millions $) -2
 Capital Exp. (TTM) (Millions $) -6
 Dividend TTM ($) 0.44 $
 Dividend Yield TTM (%) 1.57 %
 Employees (TTM) $ 911




The Eastern Company payed out dividend of $0.44 per share in the last 52 weeks representing 31.88 % of net earning per share in trailing twelve-month period.

During the same period The Eastern Company had $ 4.23 cash flow per share, on a free-cash flow basis 306.23 % of net earning per share.

Book value grew by 1.63 % sequentially to $20.53 per share, 48.96% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 6.67 per share from $ 6.14.

Company issued 0.02 million shares or 0.28 % in Dec 30 2023.
Interest Coverage Ratio was 4.13. Debt Coverage Ratio was 0.26.

More on EML's Balance Sheets

 Market Capitalization (Millions) 176
 Shares Outstanding (Millions) 6
 Total Debt (Millions $) 49
 Revenue (TTM) (Millions $) 273
 Net Income (TTM) (Millions $) 9
 Cash Flow (TTM) (Millions $) -2
 Capital Exp. (TTM) (Millions $) -6
 Dividend TTM ($) 0.44 $
 Dividend Yield TTM (%) 1.57 %
 Employees (TTM) $ 911
   


  News about The Eastern Company Earnings

Miscellaneous Manufacturing Company Achieves Record Growth with 535.14% Surge in Earnings Per Share

The Eastern Company has managed to defy the odds in the face of soft demand in the financial fourth quarter of 2023, showing impressive gains in both earnings per share and net profit per share. Despite a decrease in revenue, the company's net profit per share soared by an impressive 535.14% to $0.57 per share. This highlights the company's ability to effectively manage costs and increase profitability even in challenging market conditions.
In comparison to the rest of the Miscellaneous Manufacturing sector, which posted a revenue rise of 1.79% in the fourth quarter of 2023, The Eastern Company stands out for its strong performance. The company's revenue fell by -3.022% to $66.99 million, but its net ear...

The Eastern Company's Financial Reports for Apr 2023 Indicate Impressive Turnaround in Profits and Revenue

Dear Investors,
The Eastern Company has just released their financial results for the period closing April 01, 2023, and it is good news for all investors. The company's profitability has turned positive, showing earnings of $0.10 per share, compared to a loss of $0.19 per share a year before. The income per share has also grown by 12.02% from $0.09 per share from the preceding financial reporting period.
The company's revenue has also shown excellent growth, rising strongly by 71.868% to $72.50 million from $42.18 million in the same financial reporting period a year before. Additionally, the company's sequential revenue grew by 4.954% from $69.07 million. It is worth noting that the growth in reven...


Date modified: 2024-03-13T03:38:04+00:00





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