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Ampco-Pittsburgh (AP)
NYSE:AP
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.14Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 12, 2025
|% Change Since: 21.23%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Positive
The call highlighted significant achievements in the Air and Liquid Processing segment and improvements in profitability despite challenges. However, the decline in sales for the Forged and Cast Engineered Products segment and ongoing issues in the UK operations were notable concerns. The overall sentiment is slightly more positive due to the record sales and market opportunities in certain segments, despite some challenges.Company Guidance
In the fourth quarter of 2024, Ampco-Pittsburgh Corporation reported earnings per common share of $6, with a full-year earnings per share of $0.02. The net cash flow from operating activities was $7.5 million for the quarter and $18 million for the year. The company saw an income from operations of $12.2 million for 2024, including a $4.1 million non-cash asbestos-related benefit, and an adjusted income from operations of $8 million on a non-GAAP basis. The Air and Liquid Processing segment reported record sales, improving by 11% from the prior year, while the Forged and Cast Engineered Products segment saw a 38% improvement in income from operations compared to 2023, despite lower sales. The company is engaged in a formal collective consultation process in the UK, which could potentially impact annual operating income by at least $5 million if resolved. The backlog at the end of 2024 was $378.9 million, consistent with the previous year, and the total debt balance remained flat at $128.6 million.Record Sales in Air and Liquid Processing
The Air and Liquid Processing segment achieved record sales for 2024, improving 11% from the prior year. The fourth quarter was one of the best in its history with a Q4 revenue increase of 6.5% versus the prior year.
Improvement in Forged and Cast Engineered Products
The segment achieved a 38% improvement in income from operations compared to 2023, with $10.5 million for the full year despite lower sales.
Positive Market Outlook
The Air and Liquid Processing segment sees strong demand in the nuclear and military markets, along with increased activity in the pharmaceutical market.
Strong Backlog Growth
Year-end backlog for Air and Liquid Processing was 77% higher than three years ago.
Improved Financial Performance
Ampco-Pittsburgh reported earnings per share of $6 for Q4 2024 and $0.02 for the full year. Net cash flow from operating activities was $18 million for 2024.
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AP 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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AP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 12, 2025 | $1.79 | $2.17 | +21.23% |
| Nov 12, 2024 | $1.90 | $1.88 | -1.05% |
| Aug 12, 2024 | $1.49 | $1.51 | +1.34% |
| May 14, 2024 | $1.87 | $1.71 | -8.56% |
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 Ampco-Pittsburgh (AP) report earnings?
Ampco-Pittsburgh (AP) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Ampco-Pittsburgh (AP) earnings time?
Ampco-Pittsburgh (AP) 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 AP EPS forecast?
Currently, no data Available
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