Eastern (EML) Projected to Post Earnings on Tuesday

Key Points

• Eastern is set to report Q1 2026 results after the market closes on Tuesday, May 12, with analysts forecasting $0.50 EPS and $67.74 million in revenue and an earnings call scheduled for Wednesday, May 13 at 9:00 AM ET.
• Last quarter Eastern missed estimates (reported $0.31 vs. $0.36 expected); the stock recently opened around $22.13, has a market cap of about $133.7 million and a trailing P/E of ~18.9.
• Insiders have been buyers (directors purchased shares in March), insiders own ~18.4% of stock and institutional ownership is high (~77%), while analysts maintain a consensus rating of Hold.

Eastern (NASDAQ:EML - Get Free Report) is projected to post its Q1 2026 results after the market closes on Tuesday, May 12th. Analysts expect Eastern to post earnings of $0.50 per share and revenue of $67.74 million for the quarter. Individuals can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Wednesday, May 13, 2026 at 9:00 AM ET.

Eastern (NASDAQ:EML - Get Free Report) last released its quarterly earnings data on Tuesday, March 3rd. The industrial products company reported $0.31 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by ($0.05). Eastern had a net margin of 2.90% and a return on equity of 6.52%.

Eastern Stock Up 0.3%

Eastern stock opened at $22.13 on Tuesday. Eastern has a 1-year low of $17.61 and a 1-year high of $26.77. The firm has a market capitalization of $133.67 million, a price-to-earnings ratio of 18.91 and a beta of 0.88. The firm's fifty day moving average price is $20.47 and its two-hundred day moving average price is $19.81. The company has a current ratio of 3.59, a quick ratio of 1.55 and a debt-to-equity ratio of 0.30.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Royal Bank Of Canada lowered shares of Eastern from a "moderate buy" rating to a "hold" rating in a research note on Monday, April 13th. Wall Street Zen raised shares of Eastern to a "hold" rating in a research report on Saturday, January 10th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, Eastern presently has a consensus rating of "Hold".

Insider Transactions at Eastern

In other news, Director John Everets purchased 1,339 shares of the company's stock in a transaction that occurred on Monday, March 16th. The shares were bought at an average cost of $20.93 per share, with a total value of $28,025.27. Following the completion of the transaction, the director directly owned 141,194 shares of the company's stock, valued at approximately $2,955,190.42. This trade represents a 0.96% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director James A. Mitarotonda purchased 5,067 shares of the company's stock in a transaction that occurred on Friday, March 6th. The shares were purchased at an average cost of $18.29 per share, for a total transaction of $92,675.43. Following the completion of the transaction, the director directly owned 640,000 shares of the company's stock, valued at $11,705,600. This represents a 0.80% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased 17,680 shares of company stock worth $347,161 over the last three months. 18.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in EML. Dimensional Fund Advisors LP raised its position in Eastern by 0.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 388,292 shares of the industrial products company's stock worth $7,645,000 after acquiring an additional 1,571 shares during the period. Russell Investments Group Ltd. raised its position in Eastern by 0.3% in the third quarter. Russell Investments Group Ltd. now owns 257,126 shares of the industrial products company's stock worth $6,032,000 after acquiring an additional 775 shares during the period. Geode Capital Management LLC raised its position in Eastern by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 139,480 shares of the industrial products company's stock worth $2,747,000 after acquiring an additional 974 shares during the period. Wells Fargo & Company MN raised its position in Eastern by 6.2% in the fourth quarter. Wells Fargo & Company MN now owns 133,039 shares of the industrial products company's stock worth $2,620,000 after acquiring an additional 7,779 shares during the period. Finally, State Street Corp raised its position in Eastern by 3.6% in the fourth quarter. State Street Corp now owns 74,569 shares of the industrial products company's stock worth $1,468,000 after acquiring an additional 2,575 shares during the period. 76.99% of the stock is owned by institutional investors.

Eastern Company Profile

Eastern NASDAQ: EML, based in West Haven, Connecticut, is a diversified industrial manufacturer specializing in secure hardware and metal finishing services. The company operates through two primary segments: Industrial Hardware Products and Security Products, complemented by a Metal Coatings division. Its Industrial Hardware Products segment produces cold-headed fasteners, forgings, hinges and precision components for heavy commercial vehicles, hydraulic cylinders and industrial machinery.

The Security Products segment designs and manufactures a wide range of lock and latch solutions, including padlocks, door hardware, cabinet locks and rental security towers for commercial and institutional applications.

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