SID Earnings Prediction
The chart below shows how SID performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SID sees a +0.71% change in stock price 10 days leading up to the earnings, and a -1.83% change 10 days following the report. On the earnings day itself, the stock moves by -0.25%. This data can give you a slight idea of what to expect for the next quarter's release.
SID Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
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Gross Margin
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Operating Margin
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Net Margin
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EPS
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No Data Available
SID Earnings Analysis
Companhia Siderurgica Nacional SA Corporation (SID.N) Earnings Conference Call
Positive
Strong EBITDA and Cost Control: Exceptional quarter with strong EBITDA evolution and cost control.
Record Cash Achievement: Achieved the highest cash in history, nearly BRL25 billion, enhancing financial stability.
Production Guidance Achieved: Mining segment reached production guidance with operational records despite adverse weather conditions.
Steel Sales Growth: Steel segment saw a 10% increase in sales compared to the previous year, indicating strong demand.
Record EBITDA Margin: Cement segment achieved a record EBITDA margin of 33%, the highest since acquiring Lafarge Holcim.
Logistics Segment Resilience: Logistics segment showed resilience with a 40% EBITDA margin, reflecting operational efficiency.
Safety Performance Improvement: Significant reduction in accident rates and improved safety performance in ESG initiatives.
Social Investment and Engagement: Invested BRL60 million in social projects, enhancing community engagement and corporate responsibility.
Negative
Leverage Increase Due to Currency: The company experienced a significant increase in leverage due to exchange rate variations, with leverage expected to be closer to 3.2 times instead of the operational improvement that would have shown a lower ratio.
Iron Ore Price Impact: Despite achieving operational records in all segments, the company faced a lower dynamic in iron ore prices, which negatively impacted overall performance.
Negative Cash Flow Impact: The company reported a negative cash flow due to the effects of exchange rate on financial expenses and high investment volumes during the period.
Dividend Suspension for Deleveraging: The decision to not distribute dividends in the first quarter of 2025 reflects a commitment to deleveraging, which may concern investors looking for returns.
Logistics Segment Decline: The logistics segment saw a drop in invoicing and EBITDA for the fourth quarter, attributed to seasonality and lower shipments, indicating potential vulnerabilities in this area.
SID FAQs
How does SID typically perform around its earnings report dates?
Is Companhia Siderurgica Nacional SA (SID) Q4 2024 Earnings Call Summary positive or negative?
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SID Earning Call Sentiment
Companhia Siderúrgica Nacional (NYSE:SID) Q4 2024 Earnings Call Transcript
SID.N
-1.72%Positive
Despite strong financial performance, including record cash position and improved EBITDA margins, concerns about economic conditions, exchange rate impacts, and competitive pressures were highlighted. The decision not to distribute dividends and unclear management responses in the Q&A add uncertainty. The market cap suggests moderate volatility, leading to a neutral stock price prediction over the next two weeks.
