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Black Diamond (BDI) (TSE:BDI)
:BDI
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Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.15Last Year’s EPS
0.13Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2018
|% Change Since: 0.00%
|Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Neutral
The call presented a mixed outlook with significant growth in future contracted revenues, LodgeLink, and MSS rental revenue, countered by a decline in overall revenue, EBITDA, and specific segments like WFS and non-rental services. The increase in the dividend reflects confidence in future cash flows, but the current financial results show challenges.Company Guidance
During the Q3 2024 earnings call for Black Diamond Group, several key financial metrics and strategic insights were discussed. The company reported consolidated revenues of $101.2 million and an adjusted EBITDA of $28.8 million, reflecting a decline of 14% and 21%, respectively, from a robust comparative quarter. Net profit stood at $7.4 million, with earnings per share of $0.12, both of which were lower by 46% and 30% year-over-year. Despite these declines, the company's core rental revenue operations showed strength, with rental revenue reaching $37.9 million, a sequential increase of $2.6 million from Q2, though down 4% from the previous year. The MSS segment achieved a record rental revenue of $24.5 million, up 11%, while WFS rental revenue fell by 23% to $13.4 million. The company also highlighted a significant 27% increase in contracted future rental revenues, totaling $163.8 million as of September 30, 2024. Moreover, LodgeLink demonstrated significant growth, with record gross bookings of $27.2 million and net revenue of $3.4 million, up 31% and 26% from the comparative quarter. The Board expressed confidence in Black Diamond's future performance by increasing the annual dividend by 17% to $0.035 per quarter, indicating strong forward visibility and cash flow potential.Record Future Contracted Rental Revenues
Consolidated contracted future rental revenues as of September 30 were $163.8 million, up 27% from the prior period and up $25 million sequentially from Q2.
LodgeLink Performance
LodgeLink business unit delivered record gross bookings of $27.2 million and record net revenue of $3.4 million, up 31% and 26% respectively from the comparative quarter.
Dividend Increase
The Board has increased the company's annual dividend by 17% to $0.035 per quarter starting with Q4 of this year.
MSS Rental Revenue Growth
MSS rental revenue grew 11% from the comparative quarter to another quarterly record of $24.5 million.
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TSE:BDI 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:BDI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | C$9.02 | C$8.93 | -1.00% |
| Aug 01, 2024 | C$9.18 | C$9.26 | +0.87% |
| May 03, 2024 | C$8.36 | C$7.91 | -5.38% |
| Feb 29, 2024 | C$9.48 | C$9.17 | -3.27% |
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 Black Diamond (BDI) (TSE:BDI) report earnings?
Black Diamond (BDI) (TSE:BDI) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Black Diamond (BDI) (TSE:BDI) earnings time?
Black Diamond (BDI) (TSE:BDI) 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 TSE:BDI EPS forecast?
TSE:BDI EPS forecast for the fiscal quarter 2024 (Q4) is 0.15.
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