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Wallbox (WBX)
NYSE:WBX
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.08Last Year’s EPS
-0.15Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -34.00%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
Wallbox demonstrated resilience through revenue growth and strategic partnerships despite significant challenges such as missed revenue targets, declining DC fast charger sales, and gross margin pressures. The company is actively managing costs and working towards profitability.Company Guidance
During the fourth quarter earnings call, Wallbox provided guidance for the first quarter of 2025, anticipating revenue to range between €34 million and €37 million. The company expects gross margins to fall within a 37% to 39% range. The guidance also projected a negative adjusted EBITDA between €8 million and €11 million. Despite challenging market conditions in 2024, such as a 14% decrease in Q4 revenue year-over-year and a gross margin slightly below the target range, Wallbox remains optimistic due to strategic partnerships and product innovations. They reported an annual revenue growth of 14%, reaching €163.9 million, along with significant improvements in operational efficiency reflected in a 21% year-over-year enhancement in adjusted EBITDA. The company also achieved a 19% reduction in cash costs year-over-year for the fourth quarter and a 23% decrease in inventory levels compared to the previous year.Revenue Growth
Wallbox reported a 14% year-over-year revenue growth for the full year, totaling €163.9 million. This was driven by a 40% year-over-year growth in the North American market.
Cost Management
The company achieved a 19% year-over-year reduction in cash costs for Q4, and a 35% reduction in headcount compared to the previous year, indicating effective cost management strategies.
Strategic Partnerships and Funding
Wallbox strengthened commercial relationships with key partners such as Engie, Generac, and Iberdrola, and raised an additional $45 million from strategic investors.
Product Innovations
The launch of new product versions like the Supernova UL and Pulsar Pro Socket, along with the UL certification for the Quasar 2, positions Wallbox as a technology leader in the EV charging space.
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WBX 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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WBX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $0.50 | $0.49 | -2.00% |
| Nov 06, 2024 | $0.98 | $0.96 | -2.04% |
| Aug 01, 2024 | $1.63 | $1.46 | -10.43% |
| May 09, 2024 | $1.49 | $1.50 | +0.67% |
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 Wallbox (WBX) report earnings?
Wallbox (WBX) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Wallbox (WBX) earnings time?
Wallbox (WBX) earnings time is at May 08, 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 WBX EPS forecast?
WBX EPS forecast for the fiscal quarter 2025 (Q1) is -0.08.
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