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Olympic Steel (ZEUS)
NASDAQ:ZEUS
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.52Last Year’s EPS
0.66Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: 0.09%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong shipments and strategic investments, along with positive impacts from recent acquisitions. However, these were tempered by a decline in net income and higher operating expenses. The company remains optimistic about future growth despite macroeconomic challenges.Company Guidance
During the call, Olympic Steel provided guidance indicating strong performance despite a challenging macro environment. The company reported first-quarter sales of $493 million and a net income of $2.5 million. Their flat-rolled shipping volumes increased by 24% sequentially and 6% year-over-year, reaching the highest levels since the third quarter of 2021. EBITDA for the quarter was $16.1 million, with the Carbon segment contributing $10.9 million and the Pipe and Tube segment $6.4 million. The Specialty Metals segment reported an EBITDA of $3.6 million. Olympic Steel also highlighted a $37 million reduction in debt and the extension of their $625 million asset-based revolving credit facility. The company emphasized its strategy of diversification into metal-intensive end markets, expanding fabrication capabilities, and focusing on higher-margin products, supported by ongoing M&A activities, including the recent acquisition of MetalWorks.Strong First Quarter Shipments and Sales
Olympic Steel reported strong shipments and first quarter sales of $493 million with net income of $2.5 million. Flat-rolled shipping volumes were up 24% sequentially and 6% over the prior year.
Positive Impact from Recent Acquisition
The recent acquisition of MetalWorks completed in late 2024 was immediately accretive to results, contributing positively to the Carbon segment's performance.
Debt Reduction and Credit Facility Extension
The company reduced its debt by $37 million, lowering total debt to $235 million. They also announced a five-year extension of their $625 million asset-based revolving credit facility.
John Deere Supplier Recognition
Olympic Steel was recognized as a partner-level supplier in the John Deere Achieving Excellence program, which is John Deere's highest supplier rating.
Strategic Investments and Expansions
The company opened a new facility in Houston and is making several capital investments to enhance capacity and efficiency, including a new cut-to-length line and a high-speed light gauge narrow width specialty metal slitter.
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ZEUS 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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ZEUS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 01, 2025 | $31.99 | $34.92 | +9.16% |
Feb 20, 2025 | $36.49 | $37.70 | +3.32% |
Oct 31, 2024 | $35.58 | $34.28 | -3.65% |
Aug 01, 2024 | $46.85 | $44.30 | -5.44% |
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 Olympic Steel (ZEUS) report earnings?
Olympic Steel (ZEUS) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Olympic Steel (ZEUS) earnings time?
Olympic Steel (ZEUS) earnings time is at Jul 31, 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 ZEUS EPS forecast?
ZEUS EPS forecast for the fiscal quarter 2025 (Q2) is 0.52.
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