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Becle Sab De Cv (BCCLF)
:BCCLF
Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.03Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 23, 2024
|% Change Since: -32.86%
|Next Earnings Date:Feb 27, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed sentiment. Despite significant challenges in volume decline and regional pressures, the company achieved notable financial improvements, including increased sales, expanded margins, and strong cash flow. The strategic focus on premiumization and favorable foreign exchange effects drove positive financial results, but ongoing market challenges and uncertainties remain.Company Guidance
During Becle's third quarter 2024 earnings call, the company provided guidance amidst challenging market conditions. Despite a 7.2% decline in consolidated volumes, net sales increased by 3.9% to MXN 10.9 billion, driven by their premiumization strategy and favorable foreign exchange effects. The gross margin expanded by 500 basis points, while the EBITDA margin improved by 830 basis points to 19.3%, with EBITDA increasing by 82.7% year-over-year to MXN 2.1 billion. Becle's management highlighted the strategic focus on maintaining market share and profitability, despite macroeconomic pressures across regions. They also adjusted full-year guidance, expecting net sales value growth in the low single-digit range and AMP spending in the lower range of 21% to 23% of net sales. Capital expenditures were adjusted to fall within the range of $110 million to $130 million. The company continues to focus on optimizing inventory and maintaining financial flexibility, with cash and cash equivalents standing at MXN 9.1 billion.Sales Increase Despite Volume Decline
Consolidated net sales increased by 3.9% to MXN 10.9 billion, despite a 7.2% decline in volumes, driven by premiumization strategy and favorable foreign exchange effects.
EBITDA Margin Expansion
EBITDA increased by 82.7% year-over-year to MXN 2.1 billion, with EBITDA margin expanding by 830 basis points to 19.3%, driven by reduced agave costs and favorable foreign exchange movements.
Gross Margin Improvement
Gross margin expanded by 500 basis points, attributed to reduced agave-related input costs and favorable foreign exchange.
Positive Depletion Trends in Key Markets
Tequila volumes in the U.S. grew by 4.3%, and Asia saw a 33% year-over-year increase in depletions, driven by premium brands.
Cash and Cash Equivalents Growth
Cash and cash equivalents increased by MXN 5.1 billion year-over-year, standing at MXN 9.1 billion as of September 30, 2024.
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BCCLF 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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BCCLF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 23, 2024 | $1.40 | $1.41 | +0.71% |
| Jul 24, 2024 | $1.64 | $1.85 | +12.80% |
| Apr 24, 2024 | $1.94 | $2.00 | +3.09% |
| Feb 22, 2024 | $1.92 | $2.19 | +14.06% |
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 Becle Sab De Cv (BCCLF) report earnings?
Becle Sab De Cv (BCCLF) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Becle Sab De Cv (BCCLF) earnings time?
Becle Sab De Cv (BCCLF) earnings time is at Feb 27, 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 BCCLF EPS forecast?
Currently, no data Available
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