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Sims (SMSMY)
OTHER OTC:SMSMY
Earnings Data
Report Date
Aug 19, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.25Last Year’s EPS
-0.1Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Feb 24, 2025
|% Change Since: 14.41%
|Next Earnings Date:Aug 19, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong financial performance with increased margins and significant growth in the SLS segment. The company has successfully reduced costs and optimized its portfolio by selling non-core assets. However, challenges remain due to adverse market conditions and weather impacts. The Baltimore acquisition has not yet met expectations, and corporate costs remain high. Overall, the positive achievements in financial performance and strategic initiatives outweigh the challenges.Company Guidance
In the recent call, the company highlighted several key metrics and strategic decisions impacting its performance. Ferrous prices were on average lower compared to the first half of FY '24, while nonferrous prices were higher, continuing an 18-month trend. The company reported a significant improvement in safety, with leading indicators showing strength and a reduction in serious injuries. Financially, EBITDA and EBIT saw substantial increases, and trading margins improved by 22% despite flat sales volumes. The company detailed its focus on improving margins, reducing costs, and optimizing its portfolio through the U.K. sale and potential acquisitions. In North America, the company increased unprocessed ferrous scrap intake from mid-50% to nearly 70%, driving better utilization of shredders and a 31% increase in zorba sales. The company also responded to market dynamics by shifting sales between domestic and export markets, with domestic sales reaching 65% of total sales in February. The outlook remains cautious with regional market differences, but the company is positioned to benefit from U.S. policy shifts and growth in the hyperscaler data center market.Strong Financial Performance
EBITDA and EBIT both increased substantially. Trading margin increased by 22% despite flat sales volumes, demonstrating a focus on margin over volume.
SLS Segment Growth
SLS showed strong performance with nearly 21% increase in revenue and a 2.2 percentage point increase in EBIT margin. SLS is expected to achieve around $30 million EBIT for FY '25, indicating a 60% compound growth rate since FY '20.
Cost Reduction Success
Achieved $64 million in annualized savings last year with a target for an additional $35 million in the current financial year.
Strategic Portfolio Optimization
Sale of the U.K. operations allowed for management focus on U.S. and ANZ markets. Potential further acquisitions and disposals to optimize the portfolio.
Improvement in Safety Measures
Significant reduction in serious injuries due to enhanced and standardized control measures in safety programs.
SMSMY 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
SMSMY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 24, 2025 | $8.88 | $8.99 | +1.24% |
Aug 19, 2024 | $7.32 | $7.34 | +0.27% |
Aug 14, 2023 | $9.42 | $10.03 | +6.48% |
Feb 13, 2023 | $9.88 | $10.59 | +7.19% |
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 Sims (SMSMY) report earnings?
Sims (SMSMY) is schdueled to report earning on Aug 19, 2025, TBA Not Confirmed.
What is Sims (SMSMY) earnings time?
Sims (SMSMY) earnings time is at Aug 19, 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 SMSMY EPS forecast?
SMSMY EPS forecast for the fiscal quarter 2025 (Q4) is 0.25.