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Arcelik A.S. Unsponsored ADR (ACKAY)
:ACKAY
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Earnings Data
Report Date
Jan 22, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 26, 2018
|% Change Since: -9.98%
|Next Earnings Date:Jul 27, 2018
Earnings Call Sentiment|Negative
The earnings call highlighted substantial international revenue growth and recovery signs in key European markets, driven by inorganic growth and cost management strategies. However, these positives were overshadowed by significant challenges, including declining gross margins, increased financial expenses, a recorded net loss, and rising leverage. Despite some market recoveries, the financial pressures and operational costs presented a challenging quarter.Company Guidance
During the Q3 2024 earnings call for Arcelik, the company provided guidance indicating revised expectations for the full year. They anticipate a flat performance in local sales due to stagnant demand but foresee a 50% year-on-year increase in international revenues in euro terms, driven by inorganic growth. The adjusted EBITDA margin is projected to be between 5.8% and 6% for the full year. Additionally, Arcelik expects an improvement in the net working capital over sales ratio, updating the guidance to approximately 20%. The company also revised its CapEx guidance from EUR 350 million to EUR 400 million, factoring in costs related to maintenance, integration, and restructuring. With ongoing synergies and cost savings from recent acquisitions, Arcelik remains optimistic about achieving these targets, despite current leverage standing at 4.3%.Revenue Growth
Achieved 13.8% revenue growth year-on-year, totaling TRY 105.4 billion in Q3, with significant contributions from inorganic growth in Europe and MENA.
International Revenue Surge
International revenues increased by 58.1% in euro terms year-on-year, largely driven by inorganic growth contributions.
European Market Recovery
Significant recovery in consumer demand in key Western European markets such as the U.K., Italy, Germany, Spain, Belgium, and Austria.
Cost Management
Implemented forward contracts for raw material costs, minimizing exposure to rising costs and anticipating stability in future pricing.
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ACKAY Earnings History
Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release | Slides | Play Transcript |
|---|---|---|---|---|---|---|---|
| Jul 27, 2018 | 2018 (Q2) | 0.536 | -58.96% (-0.32) | ― | ― | ||
| Oct 26, 2018 | 2018 (Q3) | 0.515 | -32.04% (-0.17) | ― | ― | ||
| Jan 30, 2019 | 2018 (Q4) | 0.161 | 118.01% (+0.19) | ― | ― | ||
| Apr 29, 2019 | 2019 (Q1) | 0.302 | -7.95% (-0.02) | ― | ― | ||
| Oct 30, 2019 | 2019 (Q2) | 0.35 | 68.00% (+0.24) | ― | ― | ||
| Oct 30, 2019 | 2019 (Q3) | 0.35 | 68.00% (+0.24) | ― | ― | ||
| Feb 07, 2020 | 2019 (Q4) | 0.351 | -12.82% (-0.04) | ― | ― | ||
| May 07, 2020 | 2020 (Q1) | 0.278 | -4.32% (-0.01) | ― | ― | ||
| Jul 23, 2020 | 2020 (Q2) | 0.588 | -25.51% (-0.15) | ― | ― | ||
| Oct 23, 2020 | 2020 (Q3) | 0.588 | 64.29% (+0.38) | ― | ― |
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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ACKAY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 25, 2024 | $20.64 | $20.33 | -1.50% |
| Jul 30, 2024 | $27.71 | $26.90 | -2.92% |
| Apr 26, 2024 | $25.95 | $25.91 | -0.15% |
| Mar 01, 2024 | $27.07 | $26.46 | -2.25% |
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 Arcelik A.S. Unsponsored ADR (ACKAY) report earnings?
Arcelik A.S. Unsponsored ADR (ACKAY) is schdueled to report earning on Jan 22, 2025, TBA Not Confirmed.
What is Arcelik A.S. Unsponsored ADR (ACKAY) earnings time?
Arcelik A.S. Unsponsored ADR (ACKAY) earnings time is at Jan 22, 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 ACKAY EPS forecast?
Currently, no data Available
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