Examples of Adjusted EPS in a sentence
Weyenberg Chief Financial Officer ASTEC REPORTS SECOND QUARTER 2023 RESULTS Second Quarter 2023 Highlights (all comparisons are made to the prior year second quarter):• Record net sales increased 10.0% to $350.0 million• Operating margin of 4.9% increased 540 bps• Diluted EPS of $0.58 compared to $(0.17); Adjusted EPS of $0.87 compared to $0.19• Execution of multi-year ERP implementation on schedule CHATTANOOGA, Tenn.
GAAP and Adjusted EPS results for FY 2023 are also shown for comparison.Additional FY 2024 guidance points are included on page 18 of this earnings release.
Q1 2023 Adjusted EPS excludes $0.03 per share of after-tax charges associated with executive management transition costs at Corporate and restructuring charges within the A&D segment.
Q1 2022 Adjusted EPS excludes $0.02 per share of after-tax charges associated with the Altanova & NEco acquisition inventory step-up charges and Corporate acquisition related costs.ESCO TECHNOLOGIES INC.