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Mullen Group Ltd. (TSE:MTL)
TSX:MTL
Earnings Data
Report Date
Apr 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.25Last Year’s EPS
0.25Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: 0.81%
|Next Earnings Date:Jul 17, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted positive revenue growth driven by acquisitions and strong cash flow, but also noted challenges such as decreased operating margins, specific revenue declines, and increased corporate costs. The uncertainty around tariffs and trade issues poses a risk to future performance. The overall sentiment is mixed, with both positive and negative aspects balancing out.Company Guidance
During the first quarter earnings call for Mullen Group Limited, the company provided guidance for the remainder of 2025, emphasizing a cautious yet optimistic outlook. They anticipate maintaining their revenue target of $2.25 billion and OIBDA goal of $350 million, primarily driven by strategic acquisitions such as the Cole Group, which is expected to contribute significantly to their growth. The company reported first-quarter revenues of approximately $500 million, a $34.5 million increase from the previous year, primarily due to $37.7 million in incremental revenue from acquisitions. However, they noted a decrease in operating margins to 14.9% from 15.7%, attributed to lower margins from recent acquisitions. Mullen Group also highlighted a 3.4% increase in net cash flow from operating activities to $39.9 million. Despite economic uncertainties, they remain focused on acquiring market share as competitors struggle and have strategically delayed some capital expenditures to adjust to potential tariff impacts.Revenue Increase Across All Segments
Revenues increased in all four segments, reaching approximately $500 million, an increase of $34.5 million compared to the prior year.
Successful Acquisition Strategy
Incremental revenue from acquisitions was $37.7 million, highlighting the success of the acquisition strategy in driving growth.
Cash Flow Growth
Net cash flow from operating activities was $39.9 million, a 3.4% increase from the prior year, indicating strong cash generation.
LTL Segment Performance
The LTL segment saw revenue growth of $9 million year-over-year despite a decline at Grimshaw Trucking, indicating resilience in core business units.
Cascade Energy Services Success
Cascade Energy Services experienced market share gains due to new technology investments, contributing positively to the Specialized & Industrial Services segment.
Strong Balance Sheet and Liquidity
The company ended the quarter with $131 million in cash and working capital of $286.7 million, highlighting strong financial positioning.
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TSE:MTL 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:MTL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 23, 2025 | C$12.36 | C$12.46 | +0.81% |
| Feb 13, 2025 | C$14.07 | C$13.04 | -7.32% |
| Oct 24, 2024 | C$13.78 | C$15.06 | +9.29% |
| Jul 25, 2024 | C$12.71 | C$13.88 | +9.21% |
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 Mullen Group Ltd. (TSE:MTL) report earnings?
Mullen Group Ltd. (TSE:MTL) is schdueled to report earning on Apr 23, 2025, TBA Not Confirmed.
What is Mullen Group Ltd. (TSE:MTL) earnings time?
Mullen Group Ltd. (TSE:MTL) earnings time is at Apr 23, 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:MTL EPS forecast?
TSE:MTL EPS forecast for the fiscal quarter 2025 (Q1) is 0.25.
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