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AdvanSix (ASIX)
:ASIX
Earnings Data
Report Date
May 02, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.89Last Year’s EPS
-0.56Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 21, 2025
|% Change Since: 1.57%
|Next Earnings Date:May 02, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with significant achievements in cash flow management, settlement gains, and tax credits offset by declines in sales, challenges in the nylon market, and operational setbacks. The company remains optimistic about future earnings improvements despite the challenges.Company Guidance
During AdvanSix's fourth-quarter 2024 earnings call, the company provided guidance indicating a positive outlook for 2025 despite a slower start. The company highlighted its robust plant nutrients business, with ammonium sulfate prices up 15% year-over-year and an order book sold well into the second quarter of 2025. They anticipate capital expenditures between $140 million and $160 million, focusing on growth projects like the SUSPANE program, aimed at increasing granular ammonium sulfate production to 72% by the end of 2025. The call also emphasized successful insurance recoveries and tax credits, including $5.3 million in insurance proceeds in Q4 2024 and initial 45Q carbon capture tax credits of $9.7 million from the fourth quarter. Despite a challenging nylon market, the company expects year-over-year earnings improvement, supported by operational efficiencies and a constructive acetone market outlook. The company remains committed to strategic investments and maintaining a healthy balance sheet to drive long-term shareholder value.Positive Free Cash Flow
AdvanSix reported positive free cash flow for the full year 2024, with $30 million in the fourth quarter, an increase of $8 million compared to the prior year.
Ammonium Sulfate and Acetone Performance
Strong performance in the ammonium sulfate and acetone businesses supported by a robust pre-buy program and increased market acceptance.
Settlement and Tax Credits
Final settlement of $5.3 million in insurance proceeds related to the 2019 PES QME supplier shutdown and $9.7 million in 45Q tax credits claimed in Q4.
Reduction in Effective Tax Rate
The effective tax rate for 2024 was reduced to 3.1% from 21.1% in the prior year due to carbon capture tax credits.
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ASIX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ASIX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 21, 2025 | $29.31 | $29.77 | +1.57% |
| Nov 01, 2024 | $28.22 | $28.80 | +2.06% |
| Aug 02, 2024 | $26.45 | $26.96 | +1.93% |
| May 03, 2024 | $25.31 | $21.75 | -14.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does AdvanSix (ASIX) report earnings?
AdvanSix (ASIX) is schdueled to report earning on May 02, 2025, TBA Not Confirmed.
What is AdvanSix (ASIX) earnings time?
AdvanSix (ASIX) earnings time is at May 02, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ASIX EPS forecast?
ASIX EPS forecast for the fiscal quarter 2025 (Q1) is 0.89.
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