Espey Shares Down Despite Solid Y/Y Q1 Earnings Growth

Shares of Espey Mfg. & Electronics Corp. (ESP) have lost 2.6% since the company reported its earnings for the quarter ended Sept. 30, 2024. This compares to the S&P 500 index’s -0.8% change over the same time frame. Over the past month, the stock moved -0.7% versus the S&P 500’s 2.8% change.For the fiscal first quarter of 2025, earnings per share increased to 61 cents from 44 cents, reflecting the company's improved operational efficiency and a favorable product mix. Espey reported net sales of $10.4 millio ...