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Miller Industries, Inc. (MLR)
:MLR
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.63Last Year’s EPS
1.78Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 7.01%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with significant challenges such as a notable decline in sales and net income and regulatory and tariff uncertainties. However, these were balanced by positive aspects like improved margins, strong military demand, robust shareholder returns, and reaffirmed yearly guidance, pointing to potential future growth.Company Guidance
During the Miller Industries First Quarter 2025 Results Conference Call, management provided guidance and insights into the company's financial performance and strategic moves. The company reported a 35.5% decline in net sales to $225.7 million compared to the previous year, primarily due to normalized chassis shipment patterns following supply chain disruptions. Gross profit was $33.9 million or 15% of net sales, showing an improvement in margins due to a favorable product mix. The company returned $4.4 million to shareholders and maintained a strong balance sheet with a cash balance of $27.4 million and a debt balance of $75 million. Inventory levels were gradually reduced, and the company projected full-year revenue guidance between $950 million and $1 billion with an expected EPS range of $2.90 to $3.20 per diluted share. The management emphasized their strategy of reducing debt, improving free cash flow, and returning capital to shareholders while navigating uncertainties such as tariffs and regulatory developments.Margin Improvement
Gross profit for the first quarter was $33.9 million or 15% of net sales compared to $44.2 million or 12.6% of net sales in the same period in 2024, showing a margin improvement due to a favorable product mix.
Strong Capital Return to Shareholders
The company returned $4.4 million to shareholders, including $2.1 million in share repurchases and dividends, marking the 58th consecutive quarter of dividend payments.
Robust Military Demand
Continued strong demand for military vehicles both domestically and internationally, with ongoing RFQ activity signaling positive future opportunities.
Improved Cash Balance
Cash balance increased to $27.4 million as of March 31, 2025, up from $24.3 million as of December 31, 2024, alongside significant improvements in accounts payable and receivable.
Strong Full-Year Guidance
The company reaffirmed its full-year revenue guidance of $950 million to $1 billion, expecting significant growth potential in 2026 and beyond.
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MLR 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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MLR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $42.24 | $45.03 | +6.61% |
Mar 05, 2025 | $54.62 | $46.26 | -15.31% |
Nov 12, 2024 | $76.09 | $68.16 | -10.42% |
Aug 07, 2024 | $60.96 | $59.37 | -2.61% |
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 Miller Industries, Inc. (MLR) report earnings?
Miller Industries, Inc. (MLR) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Miller Industries, Inc. (MLR) earnings time?
Miller Industries, Inc. (MLR) earnings time is at Aug 06, 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 MLR EPS forecast?
MLR EPS forecast for the fiscal quarter 2025 (Q2) is 0.63.
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