Braskem Sa (BAK)
NYSE:BAK
Earnings Data
Report Date
May 12, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.31Same Quarter Last Year
Moderate Sell
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call describes a company operating in a difficult, prolonged industry downcycle with materially compressed spreads, significant EBITDA decline (‑49% YoY), elevated leverage and substantial cash outflows, alongside unresolved restructuring and external/regulatory uncertainties. Offsetting strengths include a solid cash buffer (~$2.1 billion), extensive cost and resilience programs that management credits with delivering meaningful EBITDA and cash benefits (~$500M EBITDA and ~$600M cash), strong safety performance, near-completion of Alagoas remediation execution, and a clear multi-year feedstock and transformation plan to reduce naphtha dependency. Overall, positives (liquidity, remediation progress, and delivered cost actions) mitigate but do not fully offset the operational and financial pressures described, leaving the situation balanced between material risks and concrete mitigating actions.Company Guidance
Safety Performance
Global accident frequency rate of 0.80 events per million hours worked in 2025 — the second-lowest rate since 2002, underscoring strong safety performance and operational discipline.
Liquidity and Available Cash
Corporate cash position of approximately $2.1 billion at end of Q4 2025 (includes $1.0 billion standby facility maturing Dec-2026); Q4 operating cash generation approximately $13 million.
Resilience and Cost Actions Delivered
Implemented >70 action plans comprising over 700 initiatives across six fronts (commercial, suppliers, asset monetization, capital optimization, operations, institutional). Management states these initiatives delivered approximately $500 million of EBITDA and ~$600 million of cash generation in 2025.
Brazil Segment Results and Mitigants
Brazil recurring EBITDA of $698 million for 2025 (despite industry downturn) with mitigating factors including real depreciation benefits and cost-reduction initiatives; Brazil resin sales volumes down ~6% in 2025.
Progress on Alagoas (Maceió) Remediation and Payments
Total provision for Alagoas event ~BRL 18 billion; ~BRL 13.9 billion already disbursed, ~BRL 1.4 billion classified as other payables, remaining provision ~BRL 3.5 billion. Relocation/compensation program execution 99.9% complete; proposals 99.6% accepted and 99.5% paid.
Operational Recovery in Mexico (Quarterly)
Mexico polyethylene utilization reached 85% in Q4 2025 — up 38 percentage points vs Q3 2025 — driven by ramp-up after a general maintenance shutdown and higher imported ethane supply, supporting gradual recovery.
Strategic Feedstock Transition Plan
Clear strategic plan to reduce naphtha dependency (currently ~80% of feedstock) with a target by 2030 of ~60% naphtha / 40% ethanol and gas (roughly 20% each), and projects (e.g., Transforma Rio) approved as part of long-term transformation.
BAK 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
BAK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 26, 2026 | $3.94 | $3.52 | -10.66% |
Nov 10, 2025 | $2.50 | $3.01 | +20.40% |
Aug 06, 2025 | $3.12 | $3.15 | +0.96% |
May 09, 2025 | $3.95 | $3.62 | -8.35% |
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.
FAQ
When does Braskem Sa (BAK) report earnings?
Braskem Sa (BAK) is schdueled to report earning on May 12, 2026, After Close (Confirmed).
What is Braskem Sa (BAK) earnings time?
Braskem Sa (BAK) earnings time is at May 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is BAK EPS forecast?
Currently, no data Available