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Broadwind Energy (BWEN)
NASDAQ:BWEN
Earnings Data
Report Date
May 09, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.04Last Year’s EPS
0.07Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 05, 2025
|% Change Since: -2.00%
|Next Earnings Date:May 09, 2025
Earnings Call Sentiment|Neutral
Broadwind demonstrated strong execution in a challenging market environment, with significant order growth and operational efficiencies. However, the company faces challenges with declining revenues and reduced activity in key markets like wind and oil & gas.Company Guidance
During the call, Broadwind provided financial guidance for the full year 2025, anticipating revenue to be between $140 million and $160 million, with adjusted EBITDA expected to range from $13 million to $15 million. The company experienced strong order growth in the fourth quarter of 2024, with orders increasing by 85% from the previous year to $37 million. Despite a decrease in fourth-quarter revenue to $33.6 million, down 28% from the prior year, Broadwind reported a rebound in order activity, marking its highest intake level in nearly two years. The heavy fabrication segment saw fourth-quarter orders of $22.4 million, while gearing orders were $7 million, both showing sequential growth. The industrial solutions segment recorded $8 million in fourth-quarter orders, setting a record booking level. The company expects the domestic onshore wind tower activity to remain steady through 2026, and it is optimistic about the momentum in non-wind markets, including industrial and power generation sectors, which contributed to the strong order growth.Significant Order Growth
Orders increased by 85% from the fourth quarter of 2023 to $37 million. Order growth was broad-based across nearly all markets, including heavy fabrications, gearing, and industrial solutions.
Investment in Quality Certifications
Broadwind's investments in quality and security certifications like AS9100, ITAR, and CMMC 2.0 are generating new quote opportunities and bookings, particularly in aeroderivative turbine and aerospace verticals.
Strong Performance in Industrial Solutions
Full year 2024 revenue and adjusted EBITDA for the Industrial Solutions segment reached record levels, driven by strong demand in the global gas turbine market.
Cost Actions and Operational Efficiency
Cost actions resulted in about $4 million in annualized savings, positioning the company for improved operating leverage in 2025.
Cash Position and Free Cash Flow
Broadwind ended the fourth quarter with total cash and availability of approximately $33 million, aided by a $13 million reduction in operating working capital.
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BWEN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BWEN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 05, 2025 | $1.50 | $1.56 | +4.00% |
| Nov 13, 2024 | $1.69 | $1.63 | -3.55% |
| Aug 13, 2024 | $2.45 | $2.30 | -6.12% |
| May 14, 2024 | $2.19 | $2.44 | +11.42% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Broadwind Energy (BWEN) report earnings?
Broadwind Energy (BWEN) is schdueled to report earning on May 09, 2025, TBA Not Confirmed.
What is Broadwind Energy (BWEN) earnings time?
Broadwind Energy (BWEN) earnings time is at May 09, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BWEN EPS forecast?
BWEN EPS forecast for the fiscal quarter 2025 (Q1) is -0.04.
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