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Ascent Industries (ACNT)
NASDAQ:ACNT
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.54Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 04, 2025
|% Change Since: 15.93%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive sentiment, showcasing strong financial improvements in EBITDA, gross profit, and liquidity position, while also launching new products and maintaining cost efficiency. However, challenges remain with revenue growth and market perception of new products.Company Guidance
During the call, Ascent Industries Co. provided guidance for 2025, indicating a focus on driving both organic and inorganic growth while maintaining operational excellence. The company reported a $19.9 million or 125% year-over-year increase in adjusted EBITDA and a $20.5 million or 1,349% increase in year-over-year gross profit. Despite a top-line compression of $15.3 million or 7.9%, they maintained a strong liquidity position with over $16 million in cash and $47 million available on their revolving credit facility. Ascent also announced an expanded stock repurchase program, authorizing the acquisition of up to an additional one million shares, approximately 10% of the common stock outstanding. Looking ahead, the company anticipates growth momentum in both its tubular products and specialty chemicals segments, with a focus on branded product sales and a total addressable market of over $9 billion for existing products. The company remains debt-free and plans to continue investing strategically to capture market share, expecting top-line growth primarily in the second half of 2025.Significant EBITDA Improvement
Achieved a $19.9 million or 125% year-over-year increase in adjusted EBITDA, alongside a significant increase in gross profit by $20.5 million or 1,349% year-over-year.
Strong Liquidity Position
Ended the year with over $16 million in cash and more than $47 million available on a revolving credit facility, maintaining a debt-free status.
Improved Gross Profit Margins
Gross profit from continuing operations increased 448% in Q4 to $7.3 million, significantly enhancing profitability.
Successful Cost Management
Aggressive cost reduction and product line optimization initiatives led to sustained gains in profitability despite top-line compression.
Introduction of New Branded Product Portfolio
Launched a new branded product portfolio for the HINI market, potentially capturing a share of a $2.5 billion market.
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ACNT 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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ACNT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 04, 2025 | $11.05 | $11.58 | +4.80% |
| Nov 12, 2024 | $9.42 | $9.59 | +1.80% |
| Aug 06, 2024 | $10.04 | $10.24 | +1.99% |
| May 08, 2024 | $10.18 | $10.15 | -0.29% |
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 Ascent Industries (ACNT) report earnings?
Ascent Industries (ACNT) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Ascent Industries (ACNT) earnings time?
Ascent Industries (ACNT) earnings time is at May 13, 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 ACNT EPS forecast?
Currently, no data Available
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