Eastern Full Year 2024 Earnings: EPS: US$2.13 (vs US$1.89 in FY 2023)

Eastern (NASDAQ:EML) Full Year 2024 Results

Key Financial Results

• Revenue: US$272.8m (up 5.4% from FY 2023).
• Net income: US$13.2m (up 12% from FY 2023).
• Profit margin: 4.8% (up from 4.6% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$2.13 (up from US$1.89 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

The primary driver behind last 12 months revenue was the United States segment contributing a total revenue of US$268.3m (98% of total revenue). Notably, cost of sales worth US$205.5m amounted to 75% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$43.0m (80% of total expenses). Explore how EML's revenue and expenses shape its earnings.

Eastern shares are down 3.4% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Eastern that you need to take into consideration.

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