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The Eastern Company Reports First Quarter 2025 Results

1. EML reports $63.3 million in net sales and $0.31 EPS. 2. A new share buyback program of 400,000 shares was authorized.

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FAQ

Why Bullish?

The reported earnings per share exceed analysts' expectations, signaling strong performance. Historical data shows that effective buyback programs can lead to stock price appreciation.

How important is it?

The new leadership's strategic actions, coupled with financial performance, suggest a positive trend for EML. The planned buybacks further demonstrate commitment to shareholder value, likely impacting investor perception positively.

Why Short Term?

The immediate execution of the new buyback program suggests potential price uplift soon. Historical examples indicate buybacks often boost stock prices in the following quarters.

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MOLXCTASITW
Net sales from continuing operations of $63.3 million, Adjusted EBITDA from continuing operations of $4.6 million, and Earnings per share from continuing operations of $0.31 Completed sale of Big 3 Mold's ISBM business unit on April 30, 2025 Revamped Big 3 Precision's geographic footprint for improved focus, production and cost-efficiency Completed 200,000-share repurchase program; new 400,000 share buyback program authorized by Board SHELTON, CT / ACCESS Newswire / May 6, 2025 / The Eastern Company ("Eastern" or the "Company") (NASDAQ:EML), an industrial manufacturer of engineered solutions serving commercial transportation, logistics, and other industrial markets, today announced the results of operations for the first fiscal quarter ended March 29, 2025. Chief Executive Officer Ryan Schroeder commented, "The first quarter was a period of significant change for Eastern as the Company's new leadership team began implementing its business plans and taking a wide variety of steps to bolster sales, reduce costs and improve the operating efficiency of our businesses.

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