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Shyft Group, Inc. (SHYF)
NASDAQ:SHYF
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.02Last Year’s EPS
-0.04Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: -10.78%
|Next Earnings Date:Apr 24, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed view with significant operational improvements and strategic achievements like the Blue Arc production, but also highlighted challenges such as sales declines in certain segments and a net loss impacted by merger costs. The need for additional orders for Blue Arc and market weakness in key areas also contribute to the balanced outlook.Company Guidance
During The Shyft Group's fourth quarter and full-year 2024 conference call, the company highlighted several key metrics and forward-looking guidance. The Shyft Group reported a year-over-year adjusted EBITDA margin improvement to 6.2%, up 160 basis points. The Fleet Vehicles & Services segment achieved a 7.2% margin, also up 160 basis points year-over-year. Despite a net loss of $3.4 million for the quarter, adjusted EBITDA for Q4 was $15.9 million, or 7.9% of sales, a significant increase from $2.3 million or 1.1% in 2023. The company's 2025 outlook includes expected sales between $870 million and $970 million, with adjusted EBITDA projected to range from $62 million to $72 million. Shyft anticipates a slow start to the year with low single-digit adjusted EBITDA in Q1, but expects approximately 70% of adjusted EBITDA to be realized in the second half of the year. The company plans to achieve adjusted EPS between $0.69 and $0.92 per share and generate free cash flow of $25 million to $30 million, despite $20 million in transaction-related cash expenses. These projections are set against a backdrop of ongoing improvements in operational efficiency and the strategic merger with Aebi Schmidt, which is expected to close by mid-2025.Adjusted EBITDA Growth
The company achieved meaningful adjusted EBITDA growth with margins of 6.2%, up 160 basis points year-over-year.
Operational Improvements
Fleet Vehicles and Services business expanded margins to 7.2%, up 160 basis points year-over-year due to operational performance.
Blue Arc Production Achievement
Brought Blue Arc to production and successfully shifted EV trucks to FedEx, marking a significant milestone.
Workplace Safety Improvements
Reduced workplace injuries by 40% in 2024 through the Mission Zero initiative.
Specialty Vehicles Segment Performance
Specialty Vehicles segment showed strong EBITDA margins driven by demand for infrastructure truck bodies.
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SHYF 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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SHYF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $12.52 | $12.40 | -0.96% |
| Oct 24, 2024 | $11.70 | $11.59 | -0.94% |
| Jul 25, 2024 | $11.56 | $13.49 | +16.70% |
| Apr 25, 2024 | $10.62 | $11.10 | +4.52% |
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 Shyft Group, Inc. (SHYF) report earnings?
Shyft Group, Inc. (SHYF) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is Shyft Group, Inc. (SHYF) earnings time?
Shyft Group, Inc. (SHYF) earnings time is at Apr 24, 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 SHYF EPS forecast?
SHYF EPS forecast for the fiscal quarter 2025 (Q1) is 0.02.
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