BANL Earnings Prediction
The chart below shows how BANL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BANL sees a +0.00% change in stock price 10 days leading up to the earnings, and a +0.00% change 10 days following the report. On the earnings day itself, the stock moves by +0.00%. This data can give you a slight idea of what to expect for the next quarter's release.
BANL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
--
--
--
Gross Margin
--
--
--
Operating Margin
--
--
--
Net Margin
--
--
--
EPS
-0.06
-220.00%
--
No Data Available
BANL Earnings Analysis
CBL International Limited Ordinary Shares Corporation (BANL.O) Earnings Conference Call
Positive
Strong Revenue Increase: Revenue grew by 44.4% year-on-year, reaching $277 million in the first half of 2024, driven by a 39.4% increase in sales volume.
Global Service Network Expansion: The company expanded its global service network from 36 ports to over 60 ports across Asia, Europe, and Africa, enhancing its market coverage.
Bunker Fuel Surge: Bunker fuel volumes and revenue increased by 84.6% and 95.8% respectively compared to the same period in 2023, reflecting strong demand in the market.
Bunker Price Increase: The average bunker prices per metric ton increased by 3.6% compared to the same period last year, contributing positively to revenue growth.
Liquid Capital Structure: The company maintains a highly liquid capital structure, with cash accounting for 41% of net assets, ensuring financial stability and flexibility.
Negative
Gross Profit Margin Decline: Gross profit margin declined by 32.2% to $2.71 million, primarily driven by reduced premium sold to customers and higher operating costs.
Rising Operating Expenses: Operating expenses rose by approximately 64% to $4.12 million, attributed to higher selling and distribution expenses related to sales growth and strategic investments.
Red Sea Crisis Impact: The ongoing Red Sea crisis has significantly impacted maritime routes due to geopolitical tensions, leading to increased transit times and operational costs.
Increased Shipping Duration: The voyage from Rotterdam to Shanghai increased from 25.5 days to 34 days, resulting in longer voyages and higher insurance premiums for shipping companies.
Revenue Growth vs. Profit Decline: Despite a 44.4% revenue growth to $277 million, the company faced challenges with a significant decline in gross profit, indicating pressure on profit margins.
