Mistras (MG)
NYSE:MG
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.24Last Year’s EPS
0.19Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted solid top-line growth, meaningful margin expansion and strong performances in Aerospace & Defense, Infrastructure and Power Generation, supported by strategic pricing, capacity additions and technology (PCMS) momentum. These positives were tempered by a notable decline in Oil & Gas revenue driven by customer deferments and the company's deliberate exit from low‑margin work, as well as negative free cash flow and working capital pressures in the quarter. Management reaffirmed full-year guidance, is focused on returning to stronger cash generation in H2, and is pursuing a disciplined, margin-first strategy that prioritizes higher-value work and long-term profitability.Company Guidance
Top-Line Growth
Revenue grew 4.6% year-over-year (described as "nearly 5%"), driven by strength across strategic end markets and disciplined execution of Vision2030.
Aerospace & Defense Surge
Aerospace & Defense revenue increased by $7.2 million, a 35.5% YoY gain, driven by capacity additions, higher utilization (added shifts), pricing initiatives and share gains.
Infrastructure and Power Generation Outperformance
Infrastructure revenue rose $6.1 million (+84% YoY) and Power Generation grew $1.9 million (+40% YoY), with data centers, new construction and wind offerings cited as key drivers and above-average margin profiles.
Profitability Expansion
Gross profit margin expanded by 120 basis points YoY; adjusted EBITDA increased 18.7% from $12.0M to $14.3M and adjusted EBITDA margin widened by 110 bps to 8.5% (from 7.4%). Income from operations was $4.7M and GAAP net income was $2.4M (EPS $0.07).
Strategic Commercial & Technology Momentum (PCMS & Integrated Solutions)
PCMS (data/analytics) grew over 10% in Q1 YoY; the company reported ~11 new PCMS logos and 29 expansions in the quarter, cited ~$8.2M in cross-selling opportunities, and expects double-digit growth in the data/business analytics area.
Capital / Balance Sheet Progress and Guidance Reaffirmation
Bank-defined leverage improved slightly to ~2.4x (from 2.5x) and management reaffirmed full-year guidance of $730M–$750M revenue and $91M–$93M adjusted EBITDA, with a target to reach ~2.0x leverage by year-end 2026.
Industry and Safety Recognitions
Received Frost & Sullivan Company of the Year (global NDT field inspection services) and notable safety awards (Gulf Coast Safety Award nomination; 2025 American Equity Underwriters Safety Award), reinforcing operational excellence and safety culture.
MG 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
MG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $18.91 | $18.53 | -2.01% |
Mar 05, 2026 | $14.78 | $14.82 | +0.27% |
Nov 04, 2025 | $9.57 | $11.79 | +23.20% |
Aug 06, 2025 | $7.97 | $8.80 | +10.41% |
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.
FAQ
When does Mistras (MG) report earnings?
Mistras (MG) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Mistras (MG) earnings time?
Mistras (MG) earnings time is at Aug 05, 2026, After Close (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 MG EPS forecast?
MG EPS forecast for the fiscal quarter 2026 (Q2) is 0.24.