The chart below shows how RDUS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, RDUS sees a +5.82% change in stock price 10 days leading up to the earnings, and a +2.40% change 10 days following the report. On the earnings day itself, the stock moves by -3.49%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Safety Performance Improvement: The company achieved a nearly 50% sequential reduction in total case incident rate and 97% of our sites experienced 0 lost time injuries, reflecting strong safety performance.
Stable Operating Results: Our year-over-year operating results remained stable despite challenging market conditions, demonstrating resilience in our business.
Recycled Metals Contribution Improvement: The contribution from our recycled metals business improved versus a year ago, driven by benefits realized from our cost reduction and productivity measures implemented in fiscal '24.
SG&A Cost Reduction: We achieved a 6% reduction in adjusted SG&A costs compared to the prior year, reflecting the cost savings initiatives we implemented during fiscal '24.
Technology Investment Returns: We expect to see a trend of increasing returns from our technology investments to continue to see the benefits from our productivity and cost reduction program.
Negative
Adjusted EPS Loss Analysis: The adjusted EPS loss of $1.33 compared to last year was primarily due to an income tax detriment associated with deferred tax assets.
Finished Steel Contribution Decline: The contribution from our finished steel declined year-over-year due to weaker domestic steel conditions and a scheduled maintenance outage.
Steel Mill Utilization Comparison: Our steel mill utilization of 81%, while down sequentially, was still higher than the U.S. average of 75%, reflecting relatively stronger West Coast demand.
Steel Price Decline: The average net selling prices for our finished steel were down by 2% sequentially and 7% year-over-year as demand in our West Coast market has softened.
Domestic Ferrous Shipment Trends: The share of domestic ferrous shipments was 43%, with average net selling prices for our ferrous, nonferrous, and finished steel products down 3% sequentially, primarily driven by weaker export demand.
Radius Recycling, Inc. (RDUS) Q1 2025 Earnings Call Transcript
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