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Doman Building Materials Group (TSE:DBM)
TSX:DBM
RESEARCH TOOLSreports
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.11Last Year’s EPS
0.16Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -10.34%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a balanced outlook with strong financial results and strategic growth through acquisitions despite facing significant challenges such as decreased net earnings and increased expenses due to macroeconomic headwinds and weather impacts.Company Guidance
During the Doman Building Materials Group's fourth quarter and full-year 2024 financial results conference call, the company provided detailed metrics on their financial performance but did not offer future earnings guidance. The company reported annual revenues of $2.7 billion, a gross margin of $425 million, adjusted EBITDA of $196 million, and net earnings of $54 million for 2024. In the fourth quarter alone, revenues reached $708 million, with a gross margin of 16% or $113 million, adjusted EBITDA of $52 million, and net earnings slightly over $8 million. The company also highlighted the completion of strategic acquisitions, including CM Tucker Lumber and Southeast Forest Products, which contributed to their strong market position and financial performance. Despite the challenging pricing environment, Doman maintained stability through strategic growth and operational efficiencies, providing a quarterly dividend of $0.14 per share. Looking forward, the company remains focused on integrating recent acquisitions, paying down debt, and exploring organic growth opportunities.Strong Year-End Financial Performance
Annual revenues reached $2.7 billion with gross margin of $425 million, adjusted EBITDA of $196 million, and net earnings of $54 million for 2024.
Successful Strategic Acquisitions
Acquisition of CM Tucker Lumber and Southeast Forest Products, expanding footprint in the United States, and strengthening market position.
Revenue Growth
Sales for the year increased by $172.1 million or 6.9% from 2023, largely due to acquisitions.
Financial Flexibility
Renewed and increased credit facility to $580 million in 2025 and completed $365 million in senior unsecured note offerings.
Dividend Payout
Quarterly dividend of $0.14 per share, totaling $0.56 per share annually.
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Doman Building Materials Group (TSE:DBM) Earnings, Revenues Date & History
TSE:DBM 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:DBM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | C$7.35 | C$7.41 | +0.82% |
| Nov 07, 2024 | C$7.98 | C$8.39 | +5.14% |
| Aug 09, 2024 | C$6.36 | C$6.26 | -1.57% |
| May 09, 2024 | C$7.43 | C$6.97 | -6.19% |
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.
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FAQ
When does Doman Building Materials Group (TSE:DBM) report earnings?
Doman Building Materials Group (TSE:DBM) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Doman Building Materials Group (TSE:DBM) earnings time?
Doman Building Materials Group (TSE:DBM) 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 TSE:DBM EPS forecast?
TSE:DBM EPS forecast for the fiscal quarter 2025 (Q1) is 0.11.
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