EML Upgraded to Outperform on Backlog Growth, Aerospace Push

Eastern's rating upgrade reflects growing backlog, aerospace and defense expansion, improving demand outlook and stronger cash generation abilities.

Zacks Investment Research • Aug 25, 2026

Eastern's Q2 Earnings Decline Y/Y on Lower Volume, Margin Pressure

EML's Q2 earnings per share fall year over year due to lower shipments, softer margins and tariff costs, while a 45% surge in backlog points to improving business momentum.

Zacks Investment Research • Aug 18, 2026

Eastern Q2 Earnings Call Highlights

Eastern NASDAQ: EML reported lower second-quarter sales and adjusted earnings from continuing operations, while management pointed to a sharply higher backlog, improving heavy-truck demand and its newly acquired aerospace and defense businesses as support for a stronger second half of fiscal 2026.

MarketBeat • Aug 12, 2026

The Eastern Company (EML) Q2 2026 Earnings Call Transcript

The Eastern Company (EML) Q2 2026 Earnings Call Transcript

Seeking Alpha • Aug 12, 2026

The Eastern Company Reports Second Quarter 2026 Results

Acquired Two Precision Manufacturers, Extending Eastern into the Aerospace and Defense Markets Backlog Increased 45% Year-Over-Year to $126.2 Million, Driven by Acquired Aerospace Orders and Strengthening Demand for Truck Mirror Assemblies, Returnable Transport Packaging and Latch and Handle Assemblies Repurchased 19,529 Shares in the Second Quarter, with 256,275 Shares Remaining Available Under Existing Repurchase Program Entering the Second Half with Strong Momentum and Enhanced Visibility to Support Improving Underlying Profitability Over the Balance of 2026 SHELTON, CT / ACCESS Newswire / August 11, 2026 / The Eastern Company ("Eastern" or the "Company") (NASDAQ:EML), an industrial manufacturer of engineered products and solutions serving commercial transportation, logistics, and other industrial markets, today announced its results of operations for the second fiscal quarter of 2026 ended July 4, 2026. Results for the reported period reflect the June 1, 2026, acquisition of Sungear, LLC and Sinecera, LLC (dba Crown Precision), two California-based precision manufacturers serving the aerospace, defense, and adjacent end markets.

Accesswire • Aug 11, 2026

The Eastern Company Declares 344th Consecutive Quarterly Cash Dividend

SHELTON, CT / ACCESS Newswire / July 20, 2026 / The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable September 15, 2026, to common shareholders of record as of August 14, 2026. This dividend represents the Company's 344th consecutive quarterly dividend.

Accesswire • Jul 20, 2026

The Eastern Company: Working Through Low-Margin Orders

The Eastern Company remains a hold as margin improvement is delayed, with Q1 results showing modest profitability and free cash flow. Q1 revenue rose 4% sequentially, but margins were pressured by low-margin contracts and underperformance in the Big 3 segment. EML acquired Sungear LLC and Crown Precision for under $8M, expanding into a fourth operating platform focused on defense and aerospace components.

Seeking Alpha • Jul 17, 2026

The Eastern Company Announces Timing of Second Quarter 2026 Earnings Release and Conference Call

SHELTON, CT / ACCESS Newswire / July 16, 2026 / The Eastern Company (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, will release financial results for the second quarter 2026 after the market close on Tuesday, August 11, 2026. Management will hold a conference call and webcast on Wednesday, August 12, 2026 at 9:00 a.m.

Accesswire • Jul 16, 2026

Eastern Soars 41% Year to Date: Should You Buy the Stock?

EML is aided by rising orders, a growing backlog, operational efficiency initiatives, aerospace expansion and disciplined capital allocation, strengthening its growth prospects.

Zacks Investment Research • Jul 1, 2026

The Eastern Company Acquires Sungear and Crown Precision

Acquires Sungear and Crown Precision for $7.85 million, establishing a fourth operating platform at Eastern focused on precision manufacturing for the aerospace and defense industries Transaction fully funded under Eastern's existing revolving credit facility with substantial remaining liquidity for further platform development SHELTON, CT / ACCESS Newswire / June 2, 2026 / The Eastern Company ("Eastern" or the "Company") (NASDAQ:EML), a manufacturer of engineered products and solutions serving commercial transportation, logistics, and other industrial markets, today announced the acquisition of Sungear, LLC ("Sungear") and Crown Precision ("Crown"), two California-based precision manufacturers of high tolerance components serving aerospace, defense and adjacent end markets. The transaction establishes a fourth operating platform for Eastern, complementing its existing portfolio of Eberhard Manufacturing, Velvac, and Big 3 Precision.

Accesswire • Jun 2, 2026