Neo Performance Materials Inc (TSE:NEO)
TSX:NEO
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Earnings Data
Report Date
Aug 07, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.49Last Year’s EPS
0.25Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was predominantly positive: Neo reported strong, record first-quarter financials across segments with revenue up 27% and adjusted EBITDA more than doubling, drove a substantial upward revision to full-year adjusted EBITDA guidance, and achieved strategic operational milestones (magnet production, heavy rare earth separation, AI partnership). Key near-term risks include constrained gallium supply, below‑normal contracted hafnium volumes (increasing reliance on spot sales), elevated inventories tying up cash, and operational yield/throughput work needed at the magnet facility. Overall, the positive financial momentum, higher guidance, and strategic progress outweigh the operational and supply constraints.Company Guidance
Strong Q1 Financial Results
Revenue of $155 million, up 27% year-over-year; adjusted EBITDA of $36.2 million (more than double $17.1 million in Q1 2025); adjusted EPS of $0.36.
Record Rare Metals Performance
Rare Metals revenue increased 75% year-over-year and adjusted EBITDA reached $23.9 million, up over 175% year-over-year, driven by record hafnium pricing and favorable spot market conditions.
Magnequench Growth and Strength
Magnequench revenue of $64.7 million, up 46% year-over-year; volume growth ~18%; adjusted EBITDA $9.2 million, up ~40% year-over-year; bonded magnet volumes +17% and bonded powder volumes +~19%, driven by automotive and AI data center demand.
Chemicals & Oxides Improvement
C&O adjusted EBITDA of $7.7 million, up 12% year-over-year; emission catalyst volumes +7% year-over-year; best C&O quarter since Q3 2023 and improved earnings quality from a higher-margin portfolio.
Raised Full-Year 2026 Adjusted EBITDA Guidance
Management increased 2026 adjusted EBITDA guidance to $100 million–$110 million from prior $75 million–$80 million (an upward revision of $25M–$35M), citing strong Q1 performance and favorable pricing.
Strong Metal Price Realizations
Significant price appreciation across key metals: hafnium up from $3,700/kg (Apr '25) to $13,500/kg (Apr '26), a ~265% increase; gallium up from ~$675/kg to ~$1,900/kg (~+180%); tantalum moved from just over $300/kg to >$800/kg (~+160%+).
European Permanent Magnet Ramp and Capacity Roadmap
Achieved 1 millionth magnet produced (Feb); on track to launch 2–3 customer programs later in 2026; planning Phase 1b to expand capacity from 2,000 to 5,000 tons with long-term roadmap targeting 20,000 tons to capture ~10%–15% of non-China market.
Launched Heavy Rare Earth Separation Capability in Europe
Commissioned a small-scale heavy rare earth separation line producing separated terbium and dysprosium process solutions, advancing vertical integration (separation → metals → magnets) and European supply diversification.
AI Partnership to Improve Product and Process
Multiyear research partnership with Tallinn University of Technology to deploy AI/ML across product development and manufacturing leveraging 30 years of operational data and domain expertise.
TSE:NEO 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
TSE:NEO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2026 | C$29.64 | C$30.51 | +2.94% |
Mar 19, 2026 | C$23.74 | C$20.47 | -13.77% |
Nov 14, 2025 | C$15.89 | C$17.57 | +10.59% |
Aug 12, 2025 | C$16.83 | C$17.96 | +6.73% |
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 Neo Performance Materials Inc (TSE:NEO) report earnings?
Neo Performance Materials Inc (TSE:NEO) is schdueled to report earning on Aug 07, 2026, Before Open (Confirmed).
What is Neo Performance Materials Inc (TSE:NEO) earnings time?
Neo Performance Materials Inc (TSE:NEO) earnings time is at Aug 07, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What is TSE:NEO EPS forecast?
TSE:NEO EPS forecast for the fiscal quarter 2026 (Q2) is 0.49.