MTUS Earnings Prediction
The chart below shows how MTUS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MTUS sees a +5.27% change in stock price 10 days leading up to the earnings, and a +3.21% change 10 days following the report. On the earnings day itself, the stock moves by -0.30%. This data can give you a slight idea of what to expect for the next quarter's release.
MTUS Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
227.20M
-35.86%
-22.90%
Gross Margin
5.33%
-62.99%
-34.84%
Operating Margin
-4.58%
-153.19%
-498.26%
Net Margin
-2.60%
-137.14%
-266.67%
EPS
-0.14
-126.92%
-240.00%
No Data Available
MTUS Earnings Analysis
Metallus Inc. Corporation (MTUS.N) Earnings Conference Call
Positive
Cash and Liquidity Strength: 1. Strong Cash Position: Metallus Inc. ended the third quarter with cash and cash equivalents of $254.6 million and total liquidity of $496.8 million, positioning the company well for future investments and shareholder returns.
Share Repurchase Commitment: 2. Significant Share Repurchases: The company repurchased 1.2 million shares at a cost of $20.1 million during the third quarter, totaling 1.8 million shares repurchased for $34.1 million year-to-date, demonstrating commitment to returning capital to shareholders.
Government Funding Impact: 3. Government Funding Support: Metallus received $35.5 million in cash funding from the U.S. government during the third quarter, contributing to a total of $53 million year-to-date, which will support capital investments in growth and efficiency.
Safety Performance Improvement: 4. Improved Safety Metrics: The company achieved a 29% year-over-year reduction in its OSHA recordable rate for the third quarter, reflecting the effectiveness of its safety investments totaling $6 million year-to-date.
Melt Utilization Improvement: 5. Increased Melt Utilization: The melt utilization rate improved to 60% in the third quarter, up from 53% in the previous quarter, indicating enhanced operational efficiency and readiness for demand recovery.
Negative
Sales Decline Analysis: 1. Significant Sales Decline: Third quarter net sales totaled $227.2 million, reflecting a sequential decrease of 23% primarily due to lower shipments across markets.
Net Loss Announcement: 2. Net Loss Reported: The company reported a net loss of $5.9 million for the third quarter, equating to a loss of $0.13 per diluted share, indicating financial struggles amid challenging market conditions.
Shipment Decline Analysis: 3. Decreased Shipments: Shipments decreased by 30,200 tons, or 20%, compared to the second quarter, highlighting a significant drop in demand across various sectors.
Automotive Sector Decline: 4. Weak Automotive Sector: Automotive shipments declined by 16% sequentially, attributed to ongoing equipment issues, recalls, and unexpected downtime, further impacting overall performance.
Pension Contribution Increase: 5. Increased Pension Contributions: The company made total pension contributions of approximately $43 million this year, indicating financial strain as it addresses underfunded pension liabilities.
MTUS FAQs
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MTUS Earning Call Sentiment
Metallus Inc. (MTUS) Q3 2024 Earnings Conference Call Transcript
1.0x
00:00
00:00
MTUS.N
-1.82%Positive
The earnings call summary indicates a challenging financial performance with a sequential 23% decrease in net sales and a net loss of $5.9 million. The company faces competitive pressures, supply chain challenges, and economic factors leading to decreased shipments. Despite a share repurchase program, the financial strain and underfunded pension liabilities add to concerns. The Q&A section does not provide substantial positive insights to offset these issues. Overall, the negative factors outweigh any positives, predicting a negative stock price movement in the short term.
