CPAC Earnings Prediction
The chart below shows how CPAC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CPAC sees a +0.55% change in stock price 10 days leading up to the earnings, and a +3.28% change 10 days following the report. On the earnings day itself, the stock moves by +0.27%. This data can give you a slight idea of what to expect for the next quarter's release.
CPAC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
138.43M
-1.94%
12.91%
Gross Margin
37.81%
11.86%
6.96%
Operating Margin
22.50%
26.98%
27.91%
Net Margin
12.08%
35.27%
50.06%
EPS
0.04
33.33%
100.00%
No Data Available
CPAC Earnings Analysis
CEMENTOS PACASMAYO S.A.A. Corporation (CPAC.N) Earnings Conference Call
Positive
Record EBITDA Growth: Consolidated EBITDA was a record of PEN 154.6 million this quarter, representing an increase of almost 20% year-over-year as well as a remarkable increase of 35.9% in net income.
Quarterly Sales Recovery: Sales volumes this quarter recovered on a sequential basis, achieving a 0.2% increase compared to the third quarter of 2023, reaching PEN 517.8 million.
Gross Profit Increase: Gross profit increased by 12.1% when compared to the previous year, mainly due to cost efficiencies throughout our operations.
Gross Margin Improvement: Gross margin increased by 7.3 percentage points in the third quarter of 2024 and 5.5 percentage points in the first nine months of the year, compared to the same periods of 2023.
Concrete Sales Surge: Sales of concrete, pavement, and mortar increased by 25.6% and 57.9% during the first nine months of the year, mainly due to increased sales volume for the Piura airport project.
Negative
Sales Volume Recovery: Sales volumes this quarter recovered on a sequential basis, although still slightly behind the same quarter of 2023.
Record EBITDA Achievement: Despite this slight decrease in demand, we were able to achieve a record consolidated EBITDA of PEN 154.6 million, an increase of almost 20% year-over-year as well as a remarkable increase of 35.9% in net income by basically focusing on operational efficiencies related to clinker production in our most efficient kilns as well as cost efficiencies in our sales of raw materials.
Administrative Expenses Increase: Administrative expenses for the third quarter of 2024 increased 15.4% and 6.7% during the nine months of this year when compared to the same period of the previous year, respectively, mainly due to an increase in personnel expenses as a result of increased workers' profit sharing and higher IT research and cybersecurity-related expenses.
Selling Expenses Increase: Selling expenses during this quarter increased 10.7% and 10.4% during the first nine months of the year when compared to the third quarter of 2023 and the first nine months of 2023, respectively, mainly due to an increase in personnel expenses mentioned before.
Cement Sales Decline: Sales of cement decreased 2.7% this quarter and 3.6% during the first nine months of the year when compared to the same period of 2023, respectively, mainly due to decreased demand from the self-construction segment.
CPAC FAQs
How does CPAC typically perform around its earnings report dates?
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CPAC Earning Call Sentiment
Cementos Pacasmayo S.A.A. (CPAC) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
CPAC.N
0.17%Positive
The earnings call summary and Q&A indicate strong financial performance with record EBITDA and net profit growth, improved debt ratios, and positive revenue expectations. The share buyback program also supports a positive sentiment. However, concerns about demand fluctuations, regulatory challenges, and supply chain issues slightly temper the outlook. Overall, the sentiment is positive, with potential for stock price appreciation, especially given the share buyback program and operational efficiencies.
