FUL Earnings Prediction
The chart below shows how FUL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, FUL sees a +1.14% change in stock price 10 days leading up to the earnings, and a +1.97% change 10 days following the report. On the earnings day itself, the stock moves by -0.16%. This data can give you a slight idea of what to expect for the next quarter's release.
FUL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
923.28M
2.26%
0.58%
Gross Margin
29.33%
-5.57%
-3.11%
Operating Margin
9.43%
-29.78%
-20.62%
Net Margin
-0.79%
-115.86%
-113.10%
EPS
-0.13
-116.25%
-113.27%
No Data Available
FUL Earnings Analysis
H.B. Fuller Company Corporation (FUL.N) Earnings Conference Call
Positive
Record Adjusted EBITDA Margin: Adjusted EBITDA margin for fiscal year 2024 reached a record 16.6%, demonstrating continued margin expansion and progress towards the goal of exceeding 20%.
Roofing Market Growth: Construction Adhesives segment organic sales increased by 10.5% year-on-year, driven by over 30% growth in the Roofing market, indicating strong demand and market share gains.
Cost Savings Initiative: The company expects to generate approximately $75 million in annualized cost savings from a multiyear plan to streamline its manufacturing and logistics network, enhancing operational efficiency.
Strategic Acquisitions Impact: Recent acquisitions of two medical adhesive companies are projected to contribute approximately $24 million in net revenue and $12 million in adjusted EBITDA, strengthening the company's position in the growing medical adhesives market.
Acquisition Success and Synergy: The 2023 collection of acquisitions delivered approximately $37 million of adjusted EBITDA in 2024, exceeding expectations by about 10%, showcasing successful integration and synergy realization.
Negative
EBITDA Decline Analysis: In the fourth quarter, adjusted EBITDA decreased by 14% year-on-year to $148 million, primarily due to unfavorable pricing and raw material dynamics, alongside higher variable compensation costs.
HHC Segment Revenue Decline: Organic revenue in the HHC segment fell by 2.2% year-on-year, driven by lower pricing and volume, with a notable slowdown in packaging-related end markets.
Gross Profit Margin Decline: Adjusted gross profit margin for the quarter was 29.6%, down 170 basis points compared to the previous year, attributed to delayed price realization and unfavorable raw material cost developments.
Cash Flow Decline: Full year cash flow from operations was $301 million, down year-on-year, reflecting lower operating profit despite improved working capital efficiency.
Revenue Decline Forecast: The company anticipates a decline in full year net revenue of 2% to 4% for 2025, with organic revenue expected to be flat to up 2%, indicating a challenging growth environment.
