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Pollard Banknote (TSE:PBL)
:PBL
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Earnings Data
Report Date
Mar 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.43Last Year’s EPS
0.31Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2018
|% Change Since: 11.15%
|Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Positive
The earnings call presented a strong positive outlook for Pollard Banknote Limited, with record-breaking revenue and significant growth in key areas like instant ticket sales and the NeoPollard joint venture. The successful awarding of the Kansas iLottery contract demonstrates confidence in their Catalyst technology. However, challenges such as increased administrative expenses and input costs persist.Company Guidance
In the third quarter of 2024, Pollard Banknote Limited reported record quarterly sales of $153.3 million and a record adjusted EBITDA of $33.3 million, with net income reaching $18.2 million. The company's combined sales, including its share of the NeoPollard joint venture revenue, hit a quarterly high of $180.6 million. Compared to the third quarter of 2023, sales increased by $24 million or 18%, and adjusted EBITDA rose by $8.5 million or 34%. The growth was largely driven by a $17.7 million increase in revenue from the instant ticket product line due to higher volumes and increased average selling prices. Charitable gaming revenue also grew by $3.6 million, and a weaker Canadian dollar contributed an additional $2.9 million to sales. The gross margin improved to 20.2%, up 250 basis points from the previous year, largely due to the repricing of instant ticket contracts. The NeoPollard joint venture income also grew by $2.5 million, contributing to a 42% increase in year-to-date share profits. The company continued its strategic investments, including an acquisition for $17.4 million, and maintained a strong focus on iLottery developments, highlighted by securing the Kansas Lottery iLottery contract.Record-Breaking Revenue and Growth
Pollard Banknote Limited achieved record quarterly sales of $153.3 million and record adjusted EBITDA of $33.3 million with a strong net income of $18.2 million. Combined sales, including the NeoPollard joint venture revenue, reached a quarterly record of $180.6 million.
Significant Increase in Instant Ticket Sales
Sales increased by $17.7 million compared to Q3 2023, driven by higher volumes and repricing of long-term contracts.
NeoPollard Joint Venture Success
Share of income from the NeoPollard joint venture increased to $13.6 million in Q3, up from $11.1 million in the same quarter last year, largely due to organic growth and strong sales in North Carolina.
Strategic Acquisitions
Acquired Clarene J Venne LLC for $17.4 million, enhancing the charitable gaming bingo market offerings.
Successful iLottery Developments
Pollard Banknote was awarded an exclusive iLottery contract with the Kansas Lottery, reflecting the success of their Catalyst technology.
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TSE:PBL 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:PBL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | C$23.58 | C$26.04 | +10.43% |
| Aug 13, 2024 | C$18.72 | C$20.53 | +9.67% |
| May 08, 2024 | C$34.76 | C$33.28 | -4.26% |
| Mar 05, 2024 | C$35.99 | C$36.39 | +1.11% |
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 Pollard Banknote (TSE:PBL) report earnings?
Pollard Banknote (TSE:PBL) is schdueled to report earning on Mar 05, 2025, TBA Not Confirmed.
What is Pollard Banknote (TSE:PBL) earnings time?
Pollard Banknote (TSE:PBL) earnings time is at Mar 05, 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:PBL EPS forecast?
TSE:PBL EPS forecast for the fiscal quarter 2024 (Q4) is 0.43.
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