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Nordex (NRDXF)
OTHER OTC:NRDXF
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Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.05Last Year’s EPS
0.15Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 13, 2018
|% Change Since: -3.41%
|Next Earnings Date:Aug 14, 2018
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with increased order intake, improved financial performance, and substantial liquidity. However, challenges such as slightly lower installations and increased provisions for legacy products were noted. The company remains optimistic about future growth and achieving its EBITDA margin targets.Company Guidance
During the Nordex Q3 2024 earnings call, the company provided guidance with several key metrics highlighting their performance and future expectations. For the first three quarters of 2024, Nordex reported an order intake of 5.1 gigawatts, a 4% increase from the previous year, with a stable average selling price of EUR 0.9 million per megawatt. Total installations reached around 5 gigawatts, slightly lower than the previous year. Financially, Nordex's gross margin improved to 21.6% in Q3, compared to 18.3% a year ago, and their 9-month EBITDA margin rose to 3.7%, with an absolute EBITDA of EUR 190 million. The company ended the quarter with EUR 962 million in liquidity and achieved breakeven on a free cash flow basis. Looking forward, Nordex expects to end the year near the top end of their EBITDA margin guidance and remains on track to achieve a midterm target of an 8% EBITDA margin, supported by a strong order intake and stable market conditions.Increase in Order Intake
Order intake grew by 4% to 5.1 gigawatts in the first nine months of 2024, with a strong market presence in Germany, South Africa, Canada, Lithuania, and Latvia.
Improved Financial Performance
Sales increased by 14% to around EUR 5.1 billion, and gross margins improved to 21.6% in Q3 2024 from 18.3% the previous year.
Positive Cash Flow and Liquidity
Free cash flow reached breakeven year-to-date, with an expected material positive free cash flow by year-end. Liquidity stood at EUR 962 million.
Expansion and Certification Success
Received TÜV SÜD certification for the N175/6.X turbine with the first prototype installed in Germany.
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NRDXF 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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NRDXF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $12.92 | $13.27 | +2.71% |
| Jul 25, 2024 | $14.60 | $14.62 | +0.14% |
| May 14, 2024 | $15.50 | $16.42 | +5.94% |
| Feb 29, 2024 | $10.44 | $11.18 | +7.09% |
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 Nordex (NRDXF) report earnings?
Nordex (NRDXF) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Nordex (NRDXF) earnings time?
Nordex (NRDXF) 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 NRDXF EPS forecast?
NRDXF EPS forecast for the fiscal quarter 2024 (Q4) is 0.05.
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