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Mistras Group Inc (MG)
NYSE:MG
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.13Last Year’s EPS
0.07Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 05, 2025
|% Change Since: 0.98%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant achievements in adjusted EBITDA growth, cost management, and aerospace and defense performance, alongside effective debt reduction. However, challenges remain in the North American market, data analytics solutions, and the oil and gas industry. Overall, the company is optimistic about its future prospects with strategic initiatives in place.Company Guidance
During the MISTRAS Group's fourth quarter and full-year 2024 earnings call, the company provided several key financial metrics and guidance for the year ahead. The consolidated revenue for 2024 was reported at $729.6 million, marking a 3.4% increase over the previous year. Notably, the adjusted EBITDA saw a substantial rise of over 25% from the prior year, reaching $82.5 million, while the adjusted EBITDA margin expanded by 200 basis points, achieving the highest level since 2016. Operating income was $39.8 million, the highest since 2016, and the company generated $25.7 million in operating cash flow during the fourth quarter alone. The bank-defined leverage level dropped to below 2.5x, the lowest since 2018, as the company paid down $20.1 million in bank debt. For 2025, MISTRAS anticipates continued revenue growth across all segments and industries, with particular focus on expanding its data analytics solutions and increasing market share in the aerospace and defense industries, despite some uncertainty regarding tariffs and foreign exchange impacts. The company is also committed to maintaining disciplined spending, as evidenced by the 6.2% reduction in SG&A expenses.Record Adjusted EBITDA Growth
Adjusted EBITDA increased by over 25% year-over-year, with a margin expansion of 200 basis points, marking the highest margin since 2016.
Strong Performance in Aerospace and Defense
Revenue in the aerospace and defense industry increased by 13% on a full-year basis to $87 million, contributing to overall profitability.
Effective Cost Management
SG&A expenses decreased by 6.2% year-over-year, reaching the lowest level in over five years, contributing to significant operating leverage.
Successful Debt Reduction
The company reduced its bank debt by $20.1 million in Q4, lowering the leverage ratio to below 2.5x, the lowest since Q3 2018.
Positive Net Income and EPS
The company reported a net income of $19 million for 2024, with EPS reaching the highest level since 2016.
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MG 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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MG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 05, 2025 | $9.19 | $10.31 | +12.19% |
| Oct 30, 2024 | $11.10 | $8.45 | -23.87% |
| Jul 31, 2024 | $10.00 | $10.13 | +1.30% |
| May 01, 2024 | $9.12 | $9.24 | +1.32% |
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 Mistras Group Inc (MG) report earnings?
Mistras Group Inc (MG) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Mistras Group Inc (MG) earnings time?
Mistras Group Inc (MG) earnings time is at Apr 30, 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 MG EPS forecast?
MG EPS forecast for the fiscal quarter 2025 (Q1) is 0.13.
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