May. 21 at 3:24 AM
$ESP
The Financial Scorecard 💰 Espey brought in
$11.42 million in revenue this quarter—an 11% jump from last year, though it fell a bit short of Wall Street’s high expectations. However, the real victory is in the profits. Net income skyrocketed a massive 68% to
$2.86 million, and Earnings Per Share (EPS) clocked in at
$0.99, comfortably beating analyst predictions of
$0.88!
The Future Outlook & Cash Runway ✨ Management is feeling highly confident, forecasting that full-year 2026 results will easily beat 2025. Best of all for us investors? Espey is 100% debt-free and sitting on
$46.66 million in cash and liquid investments. Because they are highly profitable and pulling in cash, there is zero risk of them diluting our shares by issuing new stock. Wall Street analysts are currently neutral-to-bullish, setting a 1-year price target between
$64.00 and
$65.28.