NEXA Earnings Prediction
The chart below shows how NEXA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NEXA sees a -0.18% change in stock price 10 days leading up to the earnings, and a -0.85% change 10 days following the report. On the earnings day itself, the stock moves by +1.01%. This data can give you a slight idea of what to expect for the next quarter's release.
NEXA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
709.48M
9.26%
-3.64%
Gross Margin
17.81%
68.02%
-27.66%
Operating Margin
9.24%
663.41%
-31.20%
Net Margin
0.84%
108.61%
-108.93%
EPS
-0.04
-92.86%
-93.10%
No Data Available
NEXA Earnings Analysis
Nexa Resources S.A. Common Shares Corporation (NEXA.N) Earnings Conference Call
Positive
Quarterly Revenue Increase: Total consolidated net revenues for the third quarter reached $709 million, up by 9% year-over-year largely due to higher average LME prices.
Adjusted EBITDA Surge: Adjusted EBITDA was $183 million, 111% higher than the $87 million reported in the same quarter last year with an adjusted EBITDA margin of around 26% expanding by 12 basis points.
Zinc Metal Demand Increase: Zinc metal and oxide metals rose by 3% quarter-over-quarter supported by improved demand in our home markets.
Cash Flow Generation Initiatives: Our commitment to cash flow generation initiatives has been a key driver supported by positive momentum in metal prices, especially zinc, which reinforces industry resilience and strengthens market fundamentals.
Operational Consistency and Discipline: We have delivered consistent operational performance and maintained financial discipline.
Negative
Copper Production Decline: Copper production decreased by 4% due to lower grade areas in the period.
Zinc Production Decline: Zinc production reached 83,000 tons in the third quarter of this year, down by 5% year-over-year.
Net Leverage Ratio Improvement: The net leverage ratio improved to 2.2 times, down from 2.7 times in the second quarter of this year and 3.1 times in the third quarter of last year.
EBITDA Margin Decline: The adjusted EBITDA margin decreased by 11%, driven by lower base metal prices and lower product contribution, partially offset by an increase in smelting sales volume.
Cash Cost Performance Update: The cash cost for the first nine months of the year has performed within our updated guidance range for the year.
NEXA FAQs
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NEXA Earning Call Sentiment
Nexa Resources S.A. (NEXA) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
NEXA.N
2.17%Positive
The earnings call highlights strong financial performance with a 9% YoY increase in net revenues and a significant improvement in adjusted EBITDA. Despite some operational constraints at Aripuanã, the company's financial health is robust with reduced net debt and strong liquidity. The Q&A section reveals some uncertainties, but the overall sentiment remains positive due to optimistic guidance and strategic focus on reducing debt and exploring growth opportunities. Given the company's small-cap status, the stock price is likely to react positively, within the 2% to 8% range over the next two weeks.
