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BASF SE (BASFY)
OTHER OTC:BASFY
Holding BASFY?
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Earnings Data
Report Date
Feb 28, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.04Last Year’s EPS
-0.05Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 26, 2018
|% Change Since: 0.08%
|Next Earnings Date:Jul 27, 2018
Earnings Call Sentiment|Neutral
BASF's earnings call reflected a mixed performance with significant growth in core segments offset by challenges in Surface Technologies and Agricultural Solutions. While the company achieved notable cost savings and maintained strong volume growth, currency headwinds and sector-specific challenges posed difficulties.Company Guidance
During BASF's Q3 2024 earnings call, the company provided several key metrics regarding its financial performance and market outlook. Sales for the quarter stood at EUR 15.7 billion, with a 7% increase in volumes excluding pressures and base metals. EBITDA before special items improved by 5% to EUR 1.6 billion, with specific segments like Chemicals and Materials showing strong volume growth and increased margins. The EBITDA margin before special items rose from 9.8% to 10.3%. However, the Surface Technologies segment faced challenges due to a decline in global automotive production by more than 5%. The company maintained its full-year EBITDA forecast at the low end of its guidance range, citing ongoing pressures in the automotive and agricultural sectors and significant FX headwinds. BASF also highlighted its ongoing cost-saving measures, achieving a run rate of around EUR 800 million, and reaffirmed its commitment to reaching EUR 2.1 billion in annual cost savings by 2026.Strong Volume Growth
BASF reported a 7% increase in volumes, excluding pressures and base metals, with significant growth in all segments except Surface Technologies.
EBITDA Improvement
EBITDA before special items increased by 5% to EUR 1.6 billion, driven by higher volumes and margins in core businesses.
Core Business Performance
Core segments such as Chemicals, Materials, Industrial Solutions, and Nutrition & Care experienced strong earnings increases, offsetting declines in other areas.
Cost-Saving Initiatives
BASF achieved a cost reduction run rate of EUR 800 million by the end of September 2024, with on-track progress towards a EUR 2.1 billion annual cost savings target by 2026.
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BASFY 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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BASFY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $12.19 | $12.01 | -1.48% |
| Jul 26, 2024 | $12.08 | $11.90 | -1.49% |
| Apr 25, 2024 | $13.05 | $13.03 | -0.15% |
| Feb 23, 2024 | $12.11 | $12.06 | -0.41% |
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 BASF SE (BASFY) report earnings?
BASF SE (BASFY) is schdueled to report earning on Feb 28, 2025, TBA Not Confirmed.
What is BASF SE (BASFY) earnings time?
BASF SE (BASFY) earnings time is at Feb 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 BASFY EPS forecast?
BASFY EPS forecast for the fiscal quarter 2024 (Q4) is 0.04.
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