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Acerinox (OTC) (ANIOY)
:ANIOY
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Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.15Last Year’s EPS
-0.26Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 26, 2018
|% Change Since: 2.04%
|Next Earnings Date:Jul 27, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted Acerinox's ability to maintain resilient EBITDA and a strong commitment to ESG despite challenging market conditions. The sale of Bahru Stainless is a strategic move that is expected to boost Q4 results. However, the company faces significant challenges due to weak demand in the stainless steel market and operational disruptions in Europe. The outlook for Q4 remains cautious, with expectations of lower adjusted EBITDA due to seasonal factors and continued weak demand.Company Guidance
During the Acerinox Q3 2024 earnings call, the company reported a resilient quarterly EBITDA of EUR 114 million, contributing to a year-to-date EBITDA of EUR 350 million, despite challenging market conditions. Key highlights included a temporary increase in working capital by EUR 122 million due to the restart of operations at Acerinox Europa following a five-month strike, which is expected to normalize in Q4. The company announced the sale of Bahru Stainless, projected to close in Q4, which will boost reported EBITDA for the quarter. The acquisition of Haynes International is pending final regulatory approvals, expected to conclude by year-end. Acerinox emphasized its commitment to ESG goals, highlighting achievements in recycling and waste reduction. The outlook for Q4 anticipates lower adjusted EBITDA than Q3 due to seasonal slowdowns and market uncertainties, though the sale of Bahru Stainless will elevate overall reported EBITDA.Resilient EBITDA Performance
Acerinox reported a quarterly EBITDA of EUR 114 million and an accumulated year-to-date EBITDA of EUR 350 million, despite challenging market conditions. The company maintained profitability and high margins in tough market environments.
Sale of Bahru Stainless
Acerinox successfully reached an agreement to sell Bahru Stainless, which is expected to positively impact Q4 EBITDA with the highest reported EBITDA of the year.
Commitment to ESG
Acerinox achieved 100% recycling of consumables and overperformance in several ESG metrics, including waste valorization and water use efficiency.
Strong High-Performance Alloys Segment
The high-performance alloys segment remained stable with an EBITDA of EUR 93 million for the 9 months, showing strength in oil, gas, and chemical industries.
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ANIOY 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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ANIOY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $4.91 | $4.66 | -5.09% |
| Jul 24, 2024 | $5.08 | $5.28 | +3.94% |
| Apr 25, 2024 | $5.24 | $5.31 | +1.34% |
| Feb 29, 2024 | $5.36 | $5.07 | -5.41% |
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 Acerinox (OTC) (ANIOY) report earnings?
Acerinox (OTC) (ANIOY) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Acerinox (OTC) (ANIOY) earnings time?
Acerinox (OTC) (ANIOY) 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 ANIOY EPS forecast?
ANIOY EPS forecast for the fiscal quarter 2024 (Q4) is 0.15.
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