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Diebold Nixdorf Inc (DBD)
NYSE:DBD
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Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$1.06Last Year’s EPS
$0.72Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -12.09%
|Next Earnings Date:Feb 12, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a strong performance in the banking sector and ongoing margin expansion, supported by effective cost management and operational improvements. However, challenges persist in the retail segment with significant revenue declines, and near-term pressure on product margins due to regional mix adjustments. The company's proactive approach to addressing these issues and positive outlook for 2025 provide a balanced perspective.Company Guidance
During the Diebold Nixdorf third quarter 2024 earnings call, the company provided guidance indicating strong year-to-date performance and expectations to finish the year at the high end of their adjusted EBITDA guidance of $435 million to $450 million. The company reported a third-quarter adjusted EBITDA of $118 million, up 7.7% from the prior year, with a margin expansion of 110 basis points to 12.7%. Banking revenue grew by 3.8% year-over-year, driven by a 10.1% increase in product revenue and a 400 basis point expansion in gross margin. The retail segment faced headwinds with a 15% decline in revenue, although slight sequential growth was observed. The company anticipates a strong finish to 2024 with a focus on lean operations, aiming for a free cash flow conversion rate greater than 25% for the year and projecting this to exceed 40% in 2025. The firm also reiterated its intent to stabilize service gross margins around 30% in 2025 and highlighted strategic expansions, particularly in Asia Pacific, to drive future growth.Record Margin Expansion
The company achieved 7 consecutive quarters of margin expansion, with gross margins expanding by 250 basis points year-over-year, representing the highest product margin in DN's history.
Strong Banking Performance
Banking revenue increased by 3.8% year-over-year, with product revenue growth of 10.1%. Gross profit for banking increased by $34 million year-over-year, and gross margin expanded by 400 basis points.
Improved Free Cash Flow
Free cash flow for the third quarter was a use of $25 million, which was favorable by $70 million year-over-year. The company expects more than 25% free cash flow conversion for the full year.
Positive Outlook for 2025
The company expects low single-digit year-over-year revenue growth and mid- to high single-digit adjusted EBITDA growth in 2025, with free cash flow conversion exceeding 40%.
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DBD 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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DBD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $49.89 | $43.04 | -13.73% |
| Aug 07, 2024 | $37.03 | $40.90 | +10.45% |
| May 02, 2024 | $31.16 | $34.52 | +10.78% |
| Feb 14, 2024 | $31.94 | $33.56 | +5.07% |
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 Diebold Nixdorf Inc (DBD) report earnings?
Diebold Nixdorf Inc (DBD) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is Diebold Nixdorf Inc (DBD) earnings time?
Diebold Nixdorf Inc (DBD) earnings time is at Feb 12, 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 DBD EPS forecast?
DBD EPS forecast for the fiscal quarter 2024 (Q4) is $1.06.
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