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Sadot Group (SDOT)
NASDAQ:SDOT
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Earnings Data
Report Date
Mar 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.22Last Year’s EPS
-0.5Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Aug 20, 2020
|% Change Since: -21.64%
|Next Earnings Date:May 29, 2020
Earnings Call Sentiment|Positive
The earnings call highlighted significant improvements in net income, revenue growth, and strategic expansion into new markets and commodities. However, there are challenges related to increased SG&A expenses and market risk exposure. Overall, the positive developments and strategic achievements outweigh the negative aspects.Company Guidance
During the Q3 2024 earnings call for Sadot Group Inc., several key financial metrics and strategic guidance points were shared. The company reported a 10.7% increase in consolidated revenues, reaching $201.7 million, driven primarily by its core agri commodity group, Sadot Agri-Foods. This division alone accounted for $200.9 million of the revenue, marking an 11.6% increase from the previous year. Notably, Sadot Group achieved a positive net income of $1.2 million for the quarter, a significant turnaround from a $5.2 million net loss in Q3 2023. The EBITDA also improved, reaching $2.9 million from a negative $4.4 million in the prior year. Year-to-date net income stood at $3.3 million, contrasting sharply with a $6.1 million net loss recorded in the same period of 2023. The company highlighted its strategic focus on expanding operations within the $1.9 trillion global agri commodities market, including potential growth in verticals such as shipping and logistics, as well as its ongoing negotiations to acquire agricultural land in Indonesia. The call also disclosed that October 2024 revenue was strong at $87.9 million, indicating a robust start to the fourth quarter.Record Positive Net Income
For the second consecutive quarter, Sadot Group reported positive net income, reaching $1.2 million in Q3, a substantial improvement from a $5.2 million net loss in Q3 2023.
Consolidated Revenue Growth
Consolidated revenues for Q3 2024 were $201.7 million, up 10.7% from the same period last year, driven largely by the Sadot Agri-Foods division.
EBITDA Improvement
Q3 2024 EBITDA was positive at $2.9 million compared to negative $4.4 million in Q3 2023, marking a $7.4 million improvement year-over-year.
Strong Start to Q4
In October, Sadot Group recorded $87.9 million in revenue, signaling a strong start to the fourth quarter.
Canada Trading Division Success
The newly launched trading division in Canada has exceeded expectations, facilitating sales of 11 specialty crop commodities and involved in approximately $20 million of transactions.
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SDOT 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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SDOT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $3.79 | $3.56 | -6.07% |
| Aug 13, 2024 | $4.55 | $5.00 | +9.89% |
| May 15, 2024 | $3.42 | $2.85 | -16.67% |
| Mar 20, 2024 | $4.03 | $3.41 | -15.38% |
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 Sadot Group (SDOT) report earnings?
Sadot Group (SDOT) is schdueled to report earning on Mar 19, 2025, TBA Not Confirmed.
What is Sadot Group (SDOT) earnings time?
Sadot Group (SDOT) earnings time is at Mar 19, 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 SDOT EPS forecast?
SDOT EPS forecast for the fiscal quarter 2024 (Q4) is -0.22.
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