Eastern Co Q1 Adj. EPS $0.32 Misses $0.41 Estimate, Sales $63.30M Miss $71.33M Estimate

Eastern Co (NASDAQ:EML) reported quarterly earnings of $0.32 per share which missed the analyst consensus estimate of $0.41 by 21.95 percent. This is a 3.23 percent increase over earnings of $0.31 per share from the same period last year. The company reported quarterly sales of $63.30 million which missed the analyst consensus estimate of $71.33 million by 11.26 percent. This is a 6.81 percent decrease over sales of $67.93 million the same period last year.