
EML's Q2 earnings per share fall year over year due to lower shipments, softer margins and tariff costs, while a 45% surge in backlog points to improving business momentum.
The Eastern Company designs, manufactures, and sells engineering solutions to industrial markets in the United States and internationally. The company is headquartered in Naugatuck, Connecticut.
| Revenue (TTM) | $234.37M |
| Gross Profit (TTM) | $50.18M |
| EBITDA | $16.25M |
| Operating Margin | 2.60% |
| Return on Equity | 6.33% |
| Return on Assets | 2.54% |
| Revenue/Share (TTM) | $38.78 |
| Book Value | $20.65 |
| Price-to-Book | 1.18 |
| Price-to-Sales (TTM) | 0.65 |
| EV/Revenue | 0.85 |
| EV/EBITDA | 10.18 |
| Quarterly Earnings Growth (YoY) | 67.70% |
| Quarterly Revenue Growth (YoY) | -11.90% |
| Shares Outstanding | $6.02M |
| Float | $4.87M |
| % Insiders | 8.04% |
| % Institutions | 76.71% |
Volatility is currently contracting

EML's Q2 earnings per share fall year over year due to lower shipments, softer margins and tariff costs, while a 45% surge in backlog points to improving business momentum.

The Eastern Company (EML) Q2 2026 Earnings Call Transcript

Eastern NASDAQ: EML reported lower second-quarter sales and adjusted earnings from continuing operations, while management pointed to a sharply higher backlog, improving heavy-truck demand and its newly acquired aerospace and defense businesses as support for a stronger second half of fiscal 2026.

Acquired Two Precision Manufacturers, Extending Eastern into the Aerospace and Defense Markets Backlog Increased 45% Year-Over-Year to $126.2 Million, Driven by Acquired Aerospace Orders and Strengthening Demand for Truck Mirror Assemblies, Returnable Transport Packaging and Latch and Handle Assemblies Repurchased 19,529 Shares in the Second Quarter, with 256,275 Shares Remaining Available Under Existing Repurchase Program Entering the Second Half with Strong Momentum and Enhanced Visibility to Support Improving Underlying Profitability Over the Balance of 2026 SHELTON, CT / ACCESS Newswire / August 11, 2026 / The Eastern Company ("Eastern" or the "Company") (NASDAQ:EML), an industrial manufacturer of engineered products and solutions serving commercial transportation, logistics, and other industrial markets, today announced its results of operations for the second fiscal quarter of 2026 ended July 4, 2026. Results for the reported period reflect the June 1, 2026, acquisition of Sungear, LLC and Sinecera, LLC (dba Crown Precision), two California-based precision manufacturers serving the aerospace, defense, and adjacent end markets.

SHELTON, CT / ACCESS Newswire / July 20, 2026 / The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable September 15, 2026, to common shareholders of record as of August 14, 2026. This dividend represents the Company's 344th consecutive quarterly dividend.

SHELTON, CT / ACCESS Newswire / July 16, 2026 / The Eastern Company (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, will release financial results for the second quarter 2026 after the market close on Tuesday, August 11, 2026. Management will hold a conference call and webcast on Wednesday, August 12, 2026 at 9:00 a.m.

EML is aided by rising orders, a growing backlog, operational efficiency initiatives, aerospace expansion and disciplined capital allocation, strengthening its growth prospects.

Acquires Sungear and Crown Precision for $7.85 million, establishing a fourth operating platform at Eastern focused on precision manufacturing for the aerospace and defense industries Transaction fully funded under Eastern's existing revolving credit facility with substantial remaining liquidity for further platform development SHELTON, CT / ACCESS Newswire / June 2, 2026 / The Eastern Company ("Eastern" or the "Company") (NASDAQ:EML), a manufacturer of engineered products and solutions serving commercial transportation, logistics, and other industrial markets, today announced the acquisition of Sungear, LLC ("Sungear") and Crown Precision ("Crown"), two California-based precision manufacturers of high tolerance components serving aerospace, defense and adjacent end markets. The transaction establishes a fourth operating platform for Eastern, complementing its existing portfolio of Eberhard Manufacturing, Velvac, and Big 3 Precision.

EML reports a year-over-year decline in Q1 earnings per share as weak returnable packaging demand and operational issues in its racks business pressure margins.

Eastern NASDAQ: EML reported lower first-quarter fiscal 2026 sales and earnings from continuing operations, as weaker demand for returnable transport packaging and an operating issue at its Big 3 Precision business weighed on margins. Management said improving order trends and sequential backlog growth point to a more constructive demand environment for the remainder of the year.
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