ESCO Technologies (ESE) Q3 FY26 earnings call

ESCO Technologies delivered a strong Q3 FY26, marked by record backlog and robust earnings growth, driven by broad-based demand in Aerospace & Defense, Utility, and Test segments. The company is progressing with the Megger acquisition, expected to close in Q1 FY27, which will significantly expand its Utility Solutions offering. While the renewables market remains a headwind for the NRG business, management is optimistic about a return to growth in FY27 and is implementing an enterprise-wide continuous improvement process to enhance execution.