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Electrolux AB Class B (ELUXY)
OTHER OTC:ELUXY
Holding ELUXY?
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Earnings Data
Report Date
Jan 30, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.31Last Year’s EPS
-1.13Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 26, 2018
|% Change Since: 0.00%
|Next Earnings Date:Jul 18, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements such as strong organic sales growth, improved operating income, and positive cash flow. However, these were tempered by challenges including negative contributions to earnings due to pricing pressures, currency headwinds, and reduced divestment values. Overall, while there are positive strides, the challenges present a balanced outlook.Company Guidance
During the Electrolux Q3 2024 earnings call, significant guidance was provided, highlighting several key metrics. Organic sales increased by 6.2%, driven by higher volumes across all business areas, with Latin America, particularly Brazil, showing strong performance. Excluding nonrecurring items, operating income rose to SEK 717 million, up from SEK 314 million the previous year, yielding a 2.2% margin. Operating income in Europe and Asia improved to SEK 610 million, while North America's operating losses reduced to SEK 249 million. The company achieved cost efficiencies worth SEK 1.2 billion year-over-year, contributing to a positive earnings effect, despite being negatively impacted by higher logistics costs. Strategic divestment initiatives are underway, with the total potential divestment value expected to be below the previously communicated SEK 10 billion. The guidance for 2024 anticipates a negative impact on pricing, partially offset by growth in focus categories such as premium laundry and kitchen products. The company maintains its target for approximately SEK 4 billion in cost savings for the full year, with capital expenditures estimated around SEK 5 billion.Organic Sales Growth
Organic sales increased by 6.2%, driven by higher volumes in all business areas, particularly strong in Latin America.
Operating Income Improvement
Excluding nonrecurring items, operating income rose to SEK 717 million from SEK 314 million last year, with improvements noted in Europe, Asia, and a reduction in losses in North America.
Cost Efficiency Achievements
Cost efficiency measures resulted in SEK 1.2 billion in savings year-over-year, with a total of SEK 2 billion year-to-date.
Positive Cash Flow
Cash flow after investments was positive at SEK 1.1 billion, with a solid liquidity of SEK 33.9 billion.
Strong Latin America Performance
Latin America reported an organic sales increase of 25.8%, driven by higher volumes in Brazil and positive pricing actions in Argentina.
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ELUXY 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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ELUXY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 30, 2025 | $20.01 | $19.40 | -3.05% |
| Oct 25, 2024 | $19.64 | $16.79 | -14.51% |
| Jul 19, 2024 | $17.12 | $17.32 | +1.17% |
| Apr 26, 2024 | $16.43 | $17.44 | +6.15% |
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 Electrolux AB Class B (ELUXY) report earnings?
Electrolux AB Class B (ELUXY) is schdueled to report earning on Jan 30, 2025, TBA Not Confirmed.
What is Electrolux AB Class B (ELUXY) earnings time?
Electrolux AB Class B (ELUXY) earnings time is at Jan 30, 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 ELUXY EPS forecast?
ELUXY EPS forecast for the fiscal quarter 2024 (Q4) is 0.31.
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