NTZ Earnings Prediction
The chart below shows how NTZ performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NTZ sees a +2.00% change in stock price 10 days leading up to the earnings, and a -6.00% change 10 days following the report. On the earnings day itself, the stock moves by +1.42%. This data can give you a slight idea of what to expect for the next quarter's release.
NTZ Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
82.40M
--
-9.28%
Gross Margin
31.87%
--
-16.46%
Operating Margin
-5.07%
--
978.72%
Net Margin
-10.00%
--
266.30%
EPS
-0.16
--
220.00%
No Data Available
NTZ Earnings Analysis
Natuzzi, S.p.A Corporation (NTZ.N) Earnings Conference Call
Positive
Sales Consistency: Sales for the first nine months of the year were in line with last year's EUR 243.9 million.
Branded Business Growth: The branded business has been growing 6.3% versus 2023 and 20.8% from 2019.
Consistent Gross Margin: The gross margin for the first nine months has been 35.8%, which is consistent with last year.
Cash Flow Improvement: We have seen a positive impact on our cash of EUR 4.8 million due to a decrease in stock since the beginning of the year.
Operating Profit Improvement: We have reported a significant improvement in our operating profit, which would have been a loss of EUR 1.2 million excluding one-off severance costs.
Negative
Sales Performance Analysis: Sales for the first nine months of the year were in line with last year's EUR 243.9 million, indicating no growth despite strong headwinds in the sector.
Operating Loss Increase: The company reported an operating loss of EUR 3.8 million for the first nine months of 2024, compared to an operating loss of EUR 2.2 million in 2023, highlighting a worsening financial situation.
Gross Margin Stagnation: The gross margin for the first nine months was reported at 35.8%, which is unchanged from the previous year, indicating stagnation in profitability despite efforts to improve efficiency.
Workforce Reduction Challenges: The company let go of 538 employees, leading to a total reduction of 1,110 personnel since the beginning of 2021, reflecting ongoing challenges in workforce management.
Rising Financial Costs: The total financial costs increased to EUR 7.4 million, a significant rise compared to EUR 5.6 million in 2023, indicating escalating financial burdens.
NTZ FAQs
How does NTZ typically perform around its earnings report dates?
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NTZ Earning Call Sentiment
Natuzzi S.p.A. (NTZ) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
NTZ.N
-1.73%Positive
The earnings call presents mixed signals. Basic financial performance shows stable sales but with increased financial costs and a significant drop in cash position, indicating financial strain. Product development and market strategy are promising with new store openings and a shift towards retail, but competitive pressures and economic challenges persist. The shareholder return plan lacks immediate boosts like buybacks. The Q&A reveals cautious optimism but also avoidance of specifics, impacting confidence. Overall, the absence of strong catalysts and the presence of uncertainties suggest a neutral stock price movement over the next two weeks.
