$EML

EASTERN CO

No enriched coverage for $EML in the last 7 days.

No SEC Form 4 filings for $EML in the last 30 days.

See all $EML insider activity →
Med

The Eastern Company Q2 2026 Earnings Call Summary

Eastern Company reported Q2 2026 results on an earnings call, citing an 11.9% YoY sales decline from lower shipments in legacy truck and packaging. Management said gross margin and EBITDA improved, backlog rose 45% YoY to $126M, and it expects most backlog conversion in H2 2026. It discussed aerospace acquisitions (Sungear, Crown Precision), tariffs ($1.9M), and ERP transition at Velvac.

Eastern Q2 Earnings Call Highlights

Eastern (NASDAQ:EML) reported sequential Q2 improvement in sales, gross margin and adjusted EBITDA, while year-over-year results were lower. Backlog rose to $126.2M as of July 4, up $39M (45%); management expects most to convert to revenue in 2026. Q2 gross margin fell to 20.6% from 23.3%. Eastern completed Crown Precision and Sungear acquisitions on June 1 for $7.85M.

The Eastern Company Reports Second Quarter 2026 Results

The Eastern Company (NASDAQ:EML) reported second-quarter 2026 results for the period ended July 4, 2026. Net sales fell 12% to $61.8 million and gross margin was 20.6%. Backlog rose 45% to $126.2 million. The company said results reflect its June 1 acquisitions of Sungear and Crown Precision, and it repurchased 19,529 shares.

EML sentiment & insider activity

Recent EML coverage spans earnings, insider activity and corporate actions.

What's driving EML

  • Backlog growth and improved visibility into H2 2026, plus heavy-truck build rate flow-through, should support near-term revenue and margin expectations, despite temporary aerospace margin pressure from acquisition accounting.

    yahoo.com · Aug 13, 2026

  • Backlog acceleration and margin stabilization narrative, alongside tariff cost recovery and acquisition ramp, are likely to drive near-term sentiment and earnings expectations.

    yahoo.com · Aug 12, 2026

  • Backlog growth and acquisition-driven aerospace exposure are positives, but margin and adjusted earnings deterioration signal near-term profitability pressure.

    finanznachrichten.de · Aug 11, 2026

  • The filing combines weaker top-line and margin versus prior year with improving backlog and acquisition-driven aerospace exposure, plus a buyback and higher debt.

    SEC EDGAR 8-K · Aug 11, 2026

  • A routine dividend declaration with a long streak, likely supportive for income sentiment but not a fundamental earnings catalyst.

    finanznachrichten.de · Jul 20, 2026

alphai scores every news story that mentions EML with an AI model for sentiment and relevance, and aggregates insider trades from EASTERN CO's SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $EML

Score
$EMLMed

The Eastern Company Q2 2026 Earnings Call Summary

Eastern Company reported Q2 2026 results on an earnings call, citing an 11.9% YoY sales decline from lower shipments in legacy truck and packaging. Management said gross margin and EBITDA improved, backlog rose 45% YoY to $126M, and it expects most backlog conversion in H2 2026. It discussed aerospace acquisitions (Sungear, Crown Precision), tariffs ($1.9M), and ERP transition at Velvac.

$EMLMed

Eastern Q2 Earnings Call Highlights

Eastern (NASDAQ:EML) reported sequential Q2 improvement in sales, gross margin and adjusted EBITDA, while year-over-year results were lower. Backlog rose to $126.2M as of July 4, up $39M (45%); management expects most to convert to revenue in 2026. Q2 gross margin fell to 20.6% from 23.3%. Eastern completed Crown Precision and Sungear acquisitions on June 1 for $7.85M.

$EMLMedAI 8/10

The Eastern Company Reports Second Quarter 2026 Results

The Eastern Company (NASDAQ:EML) reported second-quarter 2026 results for the period ended July 4, 2026. Net sales fell 12% to $61.8 million and gross margin was 20.6%. Backlog rose 45% to $126.2 million. The company said results reflect its June 1 acquisitions of Sungear and Crown Precision, and it repurchased 19,529 shares.

$EMLMed

EASTERN CO (EML): Results of Operations and Financial Condition

EASTERN CO (EML) filed an SEC Form 8-K — Results of Operations and Financial Condition. EXHIBIT 99.1 FOR IMMEDIATE RELEASE 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 Order

$EMLMedAI 9/10

The Eastern Company Acquires Sungear and Crown Precision

The Eastern Company (NASDAQ:EML) said it will acquire Sungear LLC and Crown Precision for $7.85 million (cash-free, debt-free) to form its fourth operating platform focused on aerospace and defense precision manufacturing. The deal is funded via borrowings under its revolving credit facility and the targets generated about $22.8 million in trailing-twelve-month revenue ended April 1, 2026.

Related tickers