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Tat Technologies Ltd (TATT)
NASDAQ:TATT
Earnings Data
Report Date
May 28, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.29Last Year’s EPS
0.2Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 26, 2025
|% Change Since: 5.64%
|Next Earnings Date:May 28, 2025
Earnings Call Sentiment|Positive
TAT Technologies demonstrated strong financial growth with significant revenue and profitability increases. New product launches and backlog growth indicate a positive trajectory. However, challenges remain with supply chain issues and increased interest and tax expenses. The company's strategic investments in inventory have impacted cash flow negatively, but these are seen as necessary for future growth.Company Guidance
During TAT Technologies' Fourth Quarter 2024 Earnings Conference Call, guidance highlighted the company's strong financial performance and strategic growth initiatives. In 2024, TAT Technologies achieved a 34% increase in revenue, reaching over $150 million, and a 139% increase in net income compared to 2023. The fourth quarter alone saw a 29% revenue increase to $41 million. The company improved its gross margin from 19.7% in 2023 to 21.7%, with an adjusted EBITDA margin rising from 9.7% to 12.2%. TAT Technologies reported a record backlog of $429 million, up from $406 million in 2023, indicating potential growth in 2025 and 2026. Despite supply chain challenges, the company strategically increased inventory to support future growth. The call also noted the launch of new APU capabilities and the expansion of trading and leasing activities as key growth drivers. TAT Technologies aims for continued profitability improvement, targeting a gross margin above 25% and an EBITDA margin exceeding 15% in the future.Significant Revenue Growth
TAT Technologies reported a 34% increase in annual revenue, reaching over $150 million, and a 29% increase in Q4 revenue to $41 million compared to Q4 2023.
Increase in Profitability
Net income grew by 139% compared to 2023, with a gross margin increase from 19.7% in 2023 to 21.7% in 2024. Adjusted EBITDA margin increased from 9.7% in 2023 to 12.2% in 2024.
New Product Launches
Launch of new APU capabilities, opening access to substantial new markets, contributing to revenue increase.
Strong Backlog Increase
Backlog and long-term agreement value increased to $429 million at the end of 2024 compared to $406 million at the end of 2023.
Trading and Leasing Expansion
Expansion in trading and leasing capabilities, providing high profitability and supporting supply chain challenges.
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TATT 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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TATT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 26, 2025 | $25.90 | $27.97 | +7.99% |
| Nov 19, 2024 | $20.80 | $23.57 | +13.32% |
| Aug 28, 2024 | $15.87 | $15.35 | -3.28% |
| May 22, 2024 | $13.53 | $13.67 | +1.03% |
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 Tat Technologies Ltd (TATT) report earnings?
Tat Technologies Ltd (TATT) is schdueled to report earning on May 28, 2025, TBA Not Confirmed.
What is Tat Technologies Ltd (TATT) earnings time?
Tat Technologies Ltd (TATT) earnings time is at May 28, 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 TATT EPS forecast?
TATT EPS forecast for the fiscal quarter 2025 (Q1) is 0.29.
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