Esco Tech

Q3 FY2026 EarningsQ3 FY26 results presented a missed consensus across most top and bottom-line metrics: revenue of $339.0M missed the $341.4M expected, and GAAP EPS of $1.26 fell significantly short of the $1.69 mean estimate. While Aerospace & Defense (A&D) revenue grew 23.4% YoY driven by the Maritime acquisition, weakness in the renewables market led to a decline in the USG segment's NRG business. Management confirmed the pending $2.35B acquisition of Megger, expected to close in Q1 FY27, which will significantly alter the company's financial profile and debt structure.