Eastern (EML) Q2 Earnings Rise Y/Y on Strong Truck Mirror Sales
EMLThe Eastern pany(EML) ZACKS·2024-08-08 03:20

The Eastern Company (EML) reported net income of 56 cents per share in the second fiscal quarter of 2024. This marks a substantial improvement from 22 cents per share recorded in the same period of the previous year. Net sales for the quarter were $73.2 million, up 7% from $68.3 million in the corresponding period last year. The quarterly performance showcases significant improvements in net income and sales, driven by robust demand in specific product lines and strategic business adjustments. However, chal ...