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NN Inc (NNBR)
NASDAQ:NNBR
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.03Last Year’s EPS
-0.08Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 05, 2025
|% Change Since: 0.74%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant progress in new business awards, operational improvements leading to margin expansion, and positive trends in key segments. However, there were challenges with overall revenue decline, market volatility, and ongoing plant closures.Company Guidance
During the NN Inc. Fourth Quarter 2024 Earnings Conference Call, the company outlined its guidance for the fiscal year 2025 with a focus on growth and operational efficiency. They projected net sales in the range of $450 to $480 million and adjusted EBITDA between $53 million and $63 million. The company emphasized a strategic transformation plan, aiming for a 20% long-term gross margin, and highlighted $150 million in new business awards. NN Inc. also discussed its efforts to optimize its operational footprint, including closing underperforming plants and enhancing existing facilities to improve efficiency and customer satisfaction. Additionally, they are working on improving their balance sheet by refinancing their term loan and extracting cash from their China operations. The company is also focused on expanding its presence in medical and electrical products, with plans to grow its medical business to $50 million organically.Significant New Business Awards
NN Inc. secured approximately $150 million in new business awards as part of their business development program.
Operational Turnaround in Underperforming Plants
The Group of Seven facilities improved from a negative $11.5 million adjusted EBITDA in 2023 to a negative $900,000 in 2024, with expectations to generate over $5 million of adjusted EBITDA in 2025.
Margin Expansion
Adjusted EBITDA grew 21% in Q4 2024 to $12.1 million, with a full-year adjusted EBITDA margin expansion by 160 basis points to 10.4%.
Positive Revenue Trends in Power Solutions
Pro forma full-year revenue in Power Solutions increased by 5%, with adjusted EBITDA growing by 11.5% year over year.
Strong Financial Performance in Mobile Solutions
Mobile Solutions adjusted EBITDA for the full year grew more than 19% to $35.6 million, with margins improving by 270 basis points to 12.5%.
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NNBR 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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NNBR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 05, 2025 | $2.70 | $2.59 | -4.07% |
| Oct 30, 2024 | $3.92 | $3.15 | -19.64% |
| Aug 07, 2024 | $3.32 | $3.37 | +1.51% |
| May 06, 2024 | $3.80 | $3.42 | -10.00% |
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 NN Inc (NNBR) report earnings?
NN Inc (NNBR) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is NN Inc (NNBR) earnings time?
NN Inc (NNBR) earnings time is at May 01, 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 NNBR EPS forecast?
NNBR EPS forecast for the fiscal quarter 2025 (Q1) is -0.03.
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