OMI Earnings Prediction
The chart below shows how OMI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, OMI sees a +3.26% change in stock price 10 days leading up to the earnings, and a -0.14% change 10 days following the report. On the earnings day itself, the stock moves by +1.50%. This data can give you a slight idea of what to expect for the next quarter's release.
OMI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.72B
4.99%
1.88%
Gross Margin
20.03%
-3.61%
1.37%
Operating Margin
2.56%
-21.23%
14.29%
Net Margin
-0.47%
88.00%
-60.50%
EPS
-0.17
-112.50%
-59.52%
No Data Available
OMI Earnings Analysis
Owens & Minor, Inc. Corporation (OMI.N) Earnings Conference Call
Positive
Quarterly Revenue Increase: Our revenue for this quarter was $2.7 billion, up 5% compared to the prior year.
Health Care Services Growth: The Products and Health Care Services segment grew 5% overall as compared to the third quarter of 2023 with nearly 6% year-over-year growth in our Medical Distribution division, driven by same-store sales gains.
Gross Profit Analysis: Gross profit in the third quarter was $560 million or 20.6% of net revenue.
EBITDA Increase Reported: Adjusted EBITDA was $142 million, up over 5% versus the $135 million reported during the third quarter last year.
Operating Cash Flow Performance: We generated $27 million in operating cash flow this quarter and we expect better operating cash flow in the fourth quarter.
Negative
Kitting Operations Disruptions: Our North Carolina kitting operations were unable to operate regularly due to disruptions in local and regional infrastructure, which caused some delays in deliveries.
Gross Profit Analysis: Gross profit in the third quarter was $560 million or 20.6% of net revenue, which was about 20 basis points lower than last year's third quarter.
Expense Increase Analysis: Our distribution, selling and administrative expenses for the quarter were 17% of revenue at $470 million, up from $453 million in last year's third quarter.
Quarterly Net Loss Comparison: GAAP net loss for the quarter was $12.8 million or a loss of $0.17 per share compared to the third quarter last year when the net loss was $6.4 million or $0.08 per share.
Quarterly Adjusted Net Income: Adjusted net income for the quarter was $33.1 million or $0.42 per share compared to $34.1 million or $0.44 per share last year.
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OMI Earning Call Sentiment
Owens & Minor, Inc. (OMI) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
OMI.N
-2.21%Positive
The earnings call presents mixed results. While there's revenue growth and debt reduction, the net loss widened, and margins decreased. The Q&A reveals significant concerns, including supply chain issues affecting guidance, weather impacts, and patient backlog. Despite some positive outlooks for Q4 and 2025, the lack of clear guidance and ongoing challenges suggest a negative sentiment. Given the company's small-cap status, the market is likely to react more strongly, predicting a stock price movement in the negative range of -2% to -8% over the next two weeks.