Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Societe BIC (BICEY)
OTHER OTC:BICEY
Holding BICEY?
Track your performance easily
Earnings Data
Report Date
Feb 18, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
1.34Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 24, 2018
|% Change Since: 4.92%
|Next Earnings Date:Oct 24, 2018
Earnings Call Sentiment|Neutral
The earnings call depicted a company resilient in a challenging environment, with significant improvements in EBIT margins and market share gains. However, the company faces ongoing challenges with certain segments underperforming and a tough consumer environment.Company Guidance
During the Q3 2024 earnings call for BIC, the company upgraded its full-year adjusted EBIT margin outlook to approach 15.5%, reflecting strong operational performance. Net sales for the quarter were EUR 540 million, marking a 0.2% increase at constant currency, excluding Argentina, while the adjusted EBIT margin rose to 18.9%, a 370 basis point improvement from the previous year. The company recorded an adjusted EPS of EUR 1.77, a 19% increase year-on-year, and a free cash flow of EUR 196 million for the first nine months, up from EUR 142 million in the prior year. BIC saw a notable 720 basis point improvement in net sales growth in North America, driven by its Blade Excellence and Lighter businesses. Despite challenging market conditions, BIC gained market share in key geographies during the Back-to-School season and remains focused on executing its Horizon strategy to sustain long-term profitable growth.Improved EBIT Margin Outlook
BIC upgraded its full year adjusted EBIT margin outlook for 2024, with a strong adjusted EBIT margin of 18.9% in Q3, a growth of 370 basis points year-on-year.
Strong Sequential Improvement in North America
North America net sales performance improved by 720 basis points in Q3, particularly driven by good performance in the U.S. Lighter business.
Market Share Gains
BIC gained market share during the Back-to-School season across key geographies despite challenging conditions.
Solid Performance in Flame for Life and Blade Excellence
Mid-single-digit growth in Europe for both divisions, with the Blade Excellence division achieving a net sales growth of 6.4% at constant currency.
Recognition as a Top Brand
BIC was recognized as one of Times World's Best Brands of 2024 and ranked among the world's most trustworthy companies by Newsweek and Statista.
---
BICEY 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
---
BICEY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 23, 2024 | $31.89 | $31.73 | -0.50% |
| Jul 31, 2024 | $30.56 | $30.82 | +0.85% |
| Apr 23, 2024 | $32.91 | $32.82 | -0.27% |
| Oct 25, 2023 | $29.24 | $28.43 | -2.77% |
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 Societe BIC (BICEY) report earnings?
Societe BIC (BICEY) is schdueled to report earning on Feb 18, 2025, TBA Not Confirmed.
What is Societe BIC (BICEY) earnings time?
Societe BIC (BICEY) earnings time is at Feb 18, 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 BICEY EPS forecast?
Currently, no data Available
---