Metallus (MTUS)
NYSE:MTUS
Want to see MTUS full AI Analyst Report?
Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.24Last Year’s EPS
0.2Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple strong operational and financial positives: double-digit revenue growth (10% YoY), a 39% increase in adjusted EBITDA, an enlarged order book (>40% YoY), sequential shipment momentum (+11%), successful capital project milestones (bloom furnace run-rate +50%), solid liquidity ($375M) and ongoing shareholder returns. Offsetting these positives were cost pressures from higher energy/utility expenses, incremental labor costs from a new union agreement, seasonally higher cash outflows and front-loaded CapEx, extended lead times reflecting near-term capacity constraints, and some timing uncertainty around certain defense customer ramps. On balance, the company communicated clear operational progress and financial improvement while acknowledging manageable near-term headwinds and timing variability.Company Guidance
Revenue Growth
Net sales of $308.3 million in Q1 2026, up $27.8 million or 10% year-over-year, driven primarily by higher shipments across most end markets.
Material Improvement in Adjusted EBITDA
Adjusted EBITDA of $24.6 million in Q1 2026, a year-over-year increase of $6.9 million or 39%, supported by higher shipments, better price/mix, wider raw material spread, and improved fixed cost absorption.
Sequential Shipment Momentum
Shipments increased 11% sequentially, with management expecting modest low-single-digit sequential shipment growth in Q2 supported by a strong order book and normal seasonality.
Substantially Expanded Order Book
Order book grew over 40% year-over-year, equating to roughly 90 thousand more tons compared with the prior year, signaling strong near-term demand and backlog visibility.
Operational Capex Milestones and Capacity Gains
Successful reheating and rolling of first blooms from new bloom reheat furnace; demonstrated run rate ~150 tons/hour vs ~100 tons/hour on legacy assets (~50% improvement). Bloom furnace expected fully operational early–mid Q3; roller furnace late Q3.
Strong Balance Sheet and Liquidity
Cash and cash equivalents of $104 million at quarter end, total liquidity of $375 million as of 03/31/2026, and no outstanding borrowings reported.
Government Funding Support
Received $5.9 million in Q1 and an additional $9.5 million in April under nearly $100 million funding agreement; approximately $2 million more government funding expected contingent on final milestone—government funding partially funded ~$18.3 million of Q1 CapEx.
Shareholder Returns and Capital Allocation
Repurchased ~277 thousand shares for $4.3 million in Q1 with $85.4 million remaining under authorization; company has reduced diluted shares outstanding ~26% (13.8 million shares) since early 2022 (including convertible note repurchases).
Pension De-risking Progress
Q1 required pension contributions of $19.8 million (majority U.S. bargaining plan); total required 2026 pension contributions expected to decline nearly 60% versus 2025; a pension freeze window offered for eligible employees to shift to 401(k).
Price Actions Implemented
Targeted price actions announced through first four months of 2026: two bar actions totaling $120/ton and tube pricing averaging about $100/ton for non-contracted/new business (~30% of annual volume); management expects price realization to be gradual and more impactful in H2 2026.
MTUS 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
MTUS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $18.62 | $19.28 | +3.54% |
Feb 19, 2026 | $20.93 | $17.58 | -16.01% |
Nov 06, 2025 | $17.25 | $17.00 | -1.45% |
Aug 07, 2025 | $15.08 | $15.57 | +3.25% |
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 Metallus (MTUS) report earnings?
Metallus (MTUS) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Metallus (MTUS) earnings time?
Metallus (MTUS) earnings time is at Jul 30, 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 MTUS EPS forecast?
MTUS EPS forecast for the fiscal quarter 2026 (Q2) is 0.24.