MPX Earnings Prediction
The chart below shows how MPX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MPX sees a +3.88% change in stock price 10 days leading up to the earnings, and a -3.54% change 10 days following the report. On the earnings day itself, the stock moves by -0.67%. This data can give you a slight idea of what to expect for the next quarter's release.
MPX Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
47.82M
-32.53%
-4.08%
Gross Margin
19.15%
0.79%
3.96%
Operating Margin
7.51%
-7.40%
5.77%
Net Margin
8.92%
16.60%
30.60%
EPS
0.12
-25.00%
33.33%
No Data Available
MPX Earnings Analysis
Marine Products Corp Corporation (MPX.N) Earnings Conference Call
Positive
Field Inventory Reduction: Field inventory ended the year about 15% lower than the prior year, reflecting effective inventory management and sell-through of older models.
Strong Cash Flow Generation: Generated strong operating cash flow of $30,000,000 and free cash flow of $25,000,000, demonstrating robust liquidity and financial health.
Dividend Payout Commitment: Paid $44,000,000 in dividends for the year, including a special dividend of $24,000,000, showcasing commitment to returning value to shareholders.
Solar Panel Installation Benefits: Completed the installation of solar panels at the National Georgia manufacturing facility, expected to generate strong electricity cost savings and provide tax incentives.
Quarterly Dividend Declaration: Declared a regular quarterly dividend of $0.14 per share, payable in March, indicating ongoing confidence in financial stability and shareholder returns.
Negative
Sales Decline 2024: Sales for the full year 2024 decreased by 38% to $237 million compared to the previous year.
Decline in Diluted EPS: Diluted EPS fell to $0.50 from $1.21, indicating a significant decline in profitability.
Sales Decline Analysis: Q4 sales dropped 33% year-over-year to $47.8 million, driven by a 39% decrease in the number of boats sold.
EBITDA Decline: EBITDA for the year decreased from $52 million to $21 million, reflecting a substantial reduction in operational earnings.
EBITDA Decline Analysis: Q4 EBITDA was $4.4 million, down from $6.5 million in the same quarter last year, highlighting ongoing challenges in profitability.
MPX FAQs
How does MPX typically perform around its earnings report dates?
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MPX Earning Call Sentiment
Earnings call transcript: Marine Products beats Q4 2024 forecasts, stock dips
MPX.N
-0.92%Positive
The earnings call highlights significant challenges, including a 38% drop in sales, competitive pressures, and excess inventory. While there are positive aspects like strong cash flow and dividends, the negative financial performance and mixed market outlook overshadow these. The Q&A section reveals cautious optimism but lacks clarity on inventory issues and M&A opportunities. The absence of strong positive catalysts, such as new partnerships or raised guidance, further supports a negative sentiment. Considering these factors, the stock is likely to experience a negative reaction in the short term.
