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Acadian Timber (TSE:ADN)
TSX:ADN
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.17Last Year’s EPS
0.35Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: 0.86%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights several positive developments such as record free cash flow, sales growth, and success in carbon credit sales. However, there are notable challenges including decreased net income, sales declines, and operational issues in Maine. The positive aspects are significant, but the lowlights indicate ongoing challenges, suggesting a balanced perspective.Company Guidance
During the Acadian Timber Fourth Quarter 2024 Analyst Conference Call, the company provided detailed guidance on its financial performance and operational activities. Sales for Q4 2024 were reported at $20.3 million, a decline from $23.8 million in the same period of 2023, primarily due to weaker end-use markets and changes in product mix. The company's adjusted EBITDA was $3.7 million, down from $4.4 million in Q4 2023, with an adjusted EBITDA margin of 18%. The weighted average selling price excluding biomass decreased by 5% year-over-year but showed a 6% increase from Q3 2024. Operational highlights included a 7% increase in sales volume excluding biomass in New Brunswick, while Maine faced a 29% decrease due to contractor availability issues and unfavorable weather conditions. Acadian's net income for Q4 2024 was $5.6 million, or $0.32 per share, down from $11.6 million, or $0.68 per share, in the same period of the previous year. The company also completed the sale of 1,800 acres of timberlands, contributing to a net gain of $300,000 and generated $3.1 million in free cash flow. Looking ahead to 2025, Acadian expects stable demand for hardwood and softwood sawlogs, with continued pressure on pricing until market conditions improve, and anticipates an increase in production in Maine through newly established internal harvesting operations.Record Free Cash Flow
Acadian generated a record free cash flow of $29.7 million in 2024, compared to $15 million in 2023.
Strong Sales Growth
Total sales for 2024 were $116.2 million compared to $93.5 million in 2023, marking a significant increase.
Carbon Credit Success
Sold approximately 752,000 voluntary carbon credits at an average price of US$24, contributing $24.6 million to total sales.
New Brunswick Operations Improvement
New Brunswick operations showed a 7% increase in sales volume excluding biomass, and contractor availability improved significantly in 2024.
Acquisition of Timberland
Acquired approximately 16,000 acres of timberland in New Brunswick, enhancing operational scale and opportunities.
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TSE:ADN 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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TSE:ADN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | C$17.51 | C$17.16 | -2.00% |
| Oct 30, 2024 | C$18.12 | C$18.11 | -0.06% |
| Jul 31, 2024 | C$17.54 | C$17.50 | -0.23% |
| May 08, 2024 | C$17.20 | C$17.18 | -0.12% |
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 Acadian Timber (TSE:ADN) report earnings?
Acadian Timber (TSE:ADN) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Acadian Timber (TSE:ADN) earnings time?
Acadian Timber (TSE:ADN) earnings time is at Apr 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 TSE:ADN EPS forecast?
TSE:ADN EPS forecast for the fiscal quarter 2025 (Q1) is 0.17.
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