BWEN Earnings Prediction
The chart below shows how BWEN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BWEN sees a +8.80% change in stock price 10 days leading up to the earnings, and a +10.37% change 10 days following the report. On the earnings day itself, the stock moves by -4.44%. This data can give you a slight idea of what to expect for the next quarter's release.
BWEN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
35.50M
-37.89%
-2.60%
Gross Margin
14.17%
-19.03%
-4.32%
Operating Margin
3.32%
-64.64%
-3.77%
Net Margin
0.21%
-97.27%
-84.09%
EPS
0.00
-100.00%
-100.00%
No Data Available
BWEN Earnings Analysis
Broadwind, Inc. Common Stock Corporation (BWEN.O) Earnings Conference Call
Positive
Order Growth Surge: 1. Strong Order Growth: Broadwind booked $23 million in orders during Q3 2024, marking a 45% increase year-over-year, driven by heightened demand across all reporting segments.
EBITDA Margin Improvement: 2. Improved EBITDA Margin: The company achieved an adjusted EBITDA margin approaching 10%, demonstrating solid execution and a higher value sales mix despite reduced revenue.
Cost Structure Optimization: 3. Significant Cost Savings: Actions taken to align the cost structure are expected to contribute over $4 million in annualized cost savings, enhancing profitability as demand improves.
Quoting Activity Surge: 4. Increased Quoting Activity: Quoting activity in Heavy Fabrications and Industrial Solutions has more than tripled year-over-year, indicating strong demand and effective commercial efforts in non-wind markets.
Cash Flow Enhancement: 5. Cash Position Improvement: Broadwind ended Q3 with total cash and availability of $19 million, reflecting a sequential improvement and positive cash flow of $4.8 million.
Negative
Revenue Decline Analysis: Q3 revenue declined versus year ago levels, primarily due to lower tower demand.
EBITDA Decline Analysis: In Q3 we generated EBITDA of $3.4 million compared to $7.6 million in the prior year period, due mainly to a 54% year-over-year decline in wind tower sections sold.
Heavy Fabrications Revenue Decline: Heavy Fabrications segment revenue was $21 million, down 46% from a year ago primarily due to the decline in tower production and PRS shipments.
Revenue Decline in Oil Sector: Gearing revenue was $9.2 million, a 19.6% reduction year-over-year due to broad-based softness in the oil and gas market.
Industrial Solutions Revenue Decline: Industrial Solutions revenue was $5.7 million, down 22.8% year-over-year primarily due to the absence of a large international project shipped last year, which did not repeat.
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BWEN Earning Call Sentiment
Broadwind, Inc. (BWEN) Q3 2024 Earnings Call Transcript
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00:00
00:00
BWEN.O
0%Positive
The earnings call presents a mixed outlook. Positive elements include cost savings, product mix expansion, technology investments, and a slight improvement in wind business optimism. However, challenges persist with declining revenue, EBITDA, and net income, coupled with softness in the oil and gas market and supply chain issues. The absence of a shareholder return plan and a transitional pause in wind tower demand further dampen sentiment. The Q&A reveals cautious optimism for 2025, but without strong catalysts, the stock price is likely to remain neutral, reflecting these mixed signals.
