CSTM Earnings Prediction
The chart below shows how CSTM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CSTM sees a +3.97% change in stock price 10 days leading up to the earnings, and a +1.36% change 10 days following the report. On the earnings day itself, the stock moves by -3.09%. This data can give you a slight idea of what to expect for the next quarter's release.
CSTM Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.64B
-4.71%
-8.69%
Gross Margin
6.96%
-24.27%
-34.22%
Operating Margin
2.68%
-60.93%
-53.71%
Net Margin
0.18%
-95.16%
-95.45%
EPS
0.01
-97.67%
-97.92%
No Data Available
CSTM Earnings Analysis
Constellium SE Class A Ordinary shares Corporation (CSTM.N) Earnings Conference Call
Positive
Caserate Performance Decline: Our recordable caserate was lower in the third quarter, leading to a rate of 1.9 per million hours worked for the first nine months of the year.
Share Buyback Activities: We continued our share buyback activities in the quarter. During the quarter, we repurchased 1.2 million shares for US $21 million.
Recycling Center Launch Success: Our new recycling center and casting center in Neuf-Brisach started up in September, slightly ahead of schedule and below budget.
Leverage Ratio Update: Our leverage at the end of the third quarter was 2.8x, which is slightly above our target leverage range.
Cost Structure Optimization: We have demonstrated strong cost performance in the past and we're confident in our ability to right size our cost structure for the current demand environment.
Negative
Shipment Decline Analysis: Shipments were 352,000 tons, down 5% compared to the third quarter of 2023, mainly due to lower shipments in A&T and AS&I.
Revenue Decline Analysis: Revenue of EUR 1.6 billion decreased 5% compared to last year, primarily due to lower shipments, partially offset by higher metal prices.
Net Income Decline: Our net income of EUR 3 million in the quarter compares to net income of EUR 64 million in the third quarter last year.
Adjusted EBITDA Impact: Adjusted EBITDA was EUR 110 million in the quarter, though this includes a negative impact at Valais, Switzerland of EUR 17 million as a result of the flood.
Negative Free Cash Flow: Our free cash flow in the quarter was negative EUR 10 million which includes a negative impact at Valais of EUR 6 million as a result of the flood.
CSTM FAQs
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CSTM Earning Call Sentiment
Constellium SE (CSTM) Q3 2024 Earnings Call Transcript
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00:00
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CSTM.N
-2.54%Positive
The earnings call reveals several negative factors, including declining demand in key markets, supply chain challenges, flood impacts, and increased leverage. Despite some positive elements like the share buyback program and potential EBITDA drivers, the overall sentiment is negative due to weak financial performance, cautious outlook, and unclear guidance. The market cap indicates a potential stock price decline of -2% to -8% over the next two weeks.