ASIX Earnings Prediction
The chart below shows how ASIX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ASIX sees a +1.41% change in stock price 10 days leading up to the earnings, and a +0.07% change 10 days following the report. On the earnings day itself, the stock moves by +0.09%. This data can give you a slight idea of what to expect for the next quarter's release.
ASIX Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
329.06M
-13.90%
-17.36%
Gross Margin
3.43%
-29.28%
-76.16%
Operating Margin
-3.90%
137.80%
-146.99%
Net Margin
0.11%
108.27%
-98.03%
EPS
0.01
105.26%
-98.78%
No Data Available
ASIX Earnings Analysis
AdvanSix Inc Corporation (ASIX.N) Earnings Conference Call
Positive
Commercial Success and Resilience: AdvanSix achieved commercial success and advanced key growth programs in 2024 despite operational challenges, demonstrating resilience and commitment to shareholder value.
Positive Free Cash Flow: The company reported a positive free cash flow of $30 million in Q4 2024, up $8 million from the prior year, indicating strong cash generation capabilities.
Ammonium Sulfate Market Growth: AdvanSix's ammonium sulfate business showed robust market acceptance, with industry prices up 15% year over year, supporting strong cash flow performance.
Carbon Capture Tax Credits: The company successfully claimed $9.7 million in 45Q carbon capture tax credits, reducing their effective tax rate significantly and providing a positive outlook for earnings and cash flow.
Healthy Balance Sheet: AdvanSix maintained a healthy balance sheet with a leverage ratio of about one turn, supporting future capital allocation initiatives and growth investments.
Strong Demand Outlook: The company is well-positioned for 2025 with a robust order book for ammonium sulfate, sold out well into the second quarter, reflecting strong demand and pricing power.
Negative
Sales Decline Analysis: Sales decreased approximately 14% versus the prior year, with sales volume down about 16%, primarily due to delayed ramp to full operating rates following planned turnaround.
EBITDA Decline Analysis: Adjusted EBITDA declined by $5 million compared to the prior year, primarily driven by the timing and impact of plant turnarounds, which had a $47 million impact on pre-tax income.
Nylon Market Challenges: The nylon business is facing persistent global oversupply conditions, which continue to pressure pricing and spreads, with expectations of a slower recovery off the trough.
Raw Material Price Challenges: Higher anticipated raw material prices, particularly natural gas and sulfur, are expected to create headwinds for the company's pricing and margins in 2025.
Acetone Market Slowdown: The acetone market is experiencing a slower start to the year, with demand remaining soft, particularly in the MMA markets, and several downstream industry turnarounds occurring.
Nylon Cycle Challenges: The company is navigating a protracted downturn in the nylon cycle, which is impacting profitability and requires a focus on productivity and optimizing sales mix.
ASIX FAQs
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ASIX Earning Call Sentiment
AdvanSix Inc. (NYSE:ASIX) Q4 2024 Earnings Call Transcript
ASIX.N
2.08%Positive
The earnings call highlighted several concerns: operational performance risks, supply chain challenges, rising raw material prices, and competitive pressures in the nylon market. Despite a positive outlook for Q4 2024 and 2025, the financial performance showed a decline in sales and adjusted EBITDA. The Q&A section revealed unclear responses, particularly on carbon capture production estimates. Although there were shareholder returns through dividends and repurchases, the overall sentiment is negative due to operational and market challenges, as well as the lack of clear guidance on key issues.
