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Atlas Engineered Products (TSE:AEP)
:AEP
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Earnings Data
Report Date
Apr 17, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 31, 2019
|% Change Since: 14.68%
|Next Earnings Date:May 31, 2019
Earnings Call Sentiment|Neutral
The earnings call reflects a company navigating a competitive market with strategic investments in automation and M&A. While current profits and margins are impacted, the outlook for 2025 is positive, with anticipated growth and increased market activity.Company Guidance
During the Q3 2024 earnings call for Atlas Engineered Products (AEP.V), the executives outlined several key metrics and strategic initiatives. The company reported revenues of $16.5 million, a 15% increase year-over-year, with gross profits just over $4 million and an adjusted EBITDA of $3 million, reflecting a 3% year-over-year increase. The company highlighted its focus on product diversification and strategic acquisitions, notably the acquisition of LCF, which contributed to the revenue growth. AEP is actively investing in automation and M&A as part of its long-term strategy, with a robust pipeline and formalized relationships with robotic vendors. Despite some supplier challenges, they do not foresee a significant financial impact on their automation rollout. The firm is also implementing a Normal Course Issuer Bid (NCIB) to capitalize on its perceived undervalued stock, demonstrating a balanced approach to capital allocation between organic growth, M&A, and stock buybacks. The management expressed optimism for 2025, expecting it to be a pivotal year due to increased market activity following recent interest rate cuts and a structural housing shortage in Canada.Revenue Growth
Revenues for the quarter were $16.5 million, representing a 15% increase year-over-year, driven by increases in wall panel production, engineered wood products, and strategic acquisition of LCF.
Adjusted EBITDA Increase
Adjusted EBITDA was $3 million for the quarter, representing a 3% year-over-year increase.
Positive Outlook for 2025
The company is seeing more activity in the fourth quarter, and the order book is looking constructive for 2025. Expected to be a key inflection year for the company.
Investment in Automation
The company is investing in automation and has formalized relationships with several robotic vendors to diversify exposure and manage risk.
M&A Pipeline
The M&A pipeline remains robust, and there is anticipation for material contributions from new sales headcount added countercyclically.
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TSE:AEP 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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TSE:AEP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 25, 2024 | C$1.09 | C$1.07 | -1.83% |
| Aug 19, 2024 | C$1.31 | C$1.38 | +5.34% |
| May 30, 2024 | C$1.42 | C$1.31 | -7.75% |
| Apr 26, 2024 | C$1.56 | C$1.49 | -4.49% |
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 Atlas Engineered Products (TSE:AEP) report earnings?
Atlas Engineered Products (TSE:AEP) is schdueled to report earning on Apr 17, 2025, TBA Not Confirmed.
What is Atlas Engineered Products (TSE:AEP) earnings time?
Atlas Engineered Products (TSE:AEP) earnings time is at Apr 17, 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 TSE:AEP EPS forecast?
Currently, no data Available
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