ACU Earnings Prediction
The chart below shows how ACU performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ACU sees a +5.96% change in stock price 10 days leading up to the earnings, and a +1.60% change 10 days following the report. On the earnings day itself, the stock moves by -4.84%. This data can give you a slight idea of what to expect for the next quarter's release.
ACU Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
48.17M
-4.40%
-13.10%
Gross Margin
38.54%
-0.44%
-5.59%
Operating Margin
6.07%
-16.39%
-47.22%
Net Margin
4.62%
8.20%
-42.47%
EPS
0.54
-6.90%
-50.46%
No Data Available
ACU Earnings Analysis
Acme United Corporation Corporation (ACU.A) Earnings Conference Call
Positive
Net Income Comparison Q3: Acme United reported net income for the third quarter of 2024 was $2.23 million, or $0.54 per diluted share, compared to a net income of $2.15 million or $0.58 per diluted share for the same period of 2023, an increase of 3%.
Net Sales Decline: Net sales for the third quarter were $48.2 million compared to $50.4 million in 2023, a decrease of 4%.
Sales Growth Excluding Impact: Excluding the impact of the Camillus and Cuda hunting and fishing product lines sold on November 1st of last year, sales for the third quarter of 2024 increased 4%.
U.S. Segment Net Sales Growth: Net sales excluding Camillus and Cuda in the U.S. segment increased 3% in the third quarter, excluding Camillus and Cuda sales increased 5% for the nine months and its September 30th due to market share gains with First Aid, Westcott craft products and DMT sharpeners.
Gross Margin Comparison: The gross margin was 38.5% in the third quarter of 2024 compared to 38.7% in 2023, and the gross margin was 39.4% for the first nine months of 2024 compared to 37.3% in 2023.
Negative
Sales Decline Analysis: Acme United reported sales for the third quarter of 2024 of $48.2 million, compared to $50.4 million in the same period last year, a decline of 4%.
Earnings Per Share Decline: Our earnings per share were $0.54 compared to $0.58 last year, indicating a decrease in profitability.
Net Sales Decline: Net sales for the third quarter were $48.2 million compared to $50.4 million in 2023, a decrease of 4%.
Gross Margin Decline: The gross margin was 38.5% in the third quarter of 2024 compared to 38.7% in 2023, reflecting a slight decline in profitability.
SG&A Expense Comparison: SG&A expenses for the third quarter of 2024 were $15.6 million, or 32% of sales, compared to $15.8 million or 31% of sales for the same period of 2023.
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ACU Earning Call Sentiment
Acme United Corporation (ACU) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
ACU.A
-1.28%Positive
The earnings call summary presents a mixed picture: strong strategic initiatives and operational efficiency improvements are offset by declining sales and macroeconomic risks. The Q&A reveals proactive measures against potential tariffs, but management's unclear responses on some issues may concern investors. Financial performance shows modest income growth, though sales and EPS have declined. The absence of share repurchases and only modest dividends further dampen sentiment. Overall, these factors suggest a neutral stock price movement in the short term.
