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Volvo AB Class B (VLVLY)
:VLVLY
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Earnings Data
Report Date
Jan 29, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.48Last Year’s EPS
0.57Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 19, 2018
|% Change Since: 2.66%
|Next Earnings Date:Jul 19, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted the introduction of the new VNL platform and strong financial positions in service sales, buses, and Volvo Penta. However, challenges such as a decline in net sales, supply chain issues with Mack trucks, and decreased deliveries across segments balanced these successes, portraying a mixed performance.Company Guidance
During Volvo Group's Q3 2024 earnings call, executives provided guidance on several key metrics and strategic priorities. Net sales for the quarter declined to SEK 117 billion, with adjusted operating income at SEK 14.1 billion, resulting in an operating margin of 12%. The group managed to maintain a robust financial position, ending with a return on capital employed in industrial operations at 38.3% and earnings per share at SEK 4.93. Despite softer markets, particularly in Trucks North America, where events impacted the global trucks margin by approximately 1 percentage point, Volvo emphasized strong operational flexibility and a focus on maintaining high-quality service operations. Significant investment continues in innovation and R&D, with service sales growing 4% year-over-year, contributing to resilience. The company anticipates gradual market stabilization and is strategically planning for future growth, including the introduction of the all-new VNL platform in North America, expected to improve fuel consumption by 10%. They also highlighted their leading position in electric vehicles, maintaining over a 70% market share in Europe.Introduction of All-New VNL Platform
The production start of the all-new VNL in North America is noted as a game-changing platform with significant benefits, including up to 10% fuel consumption improvement.
Strong Financial Position
Operating cash flow of SEK 3.1 billion and a robust financial position with almost SEK 63 billion. Return on capital employed increased to 38.3%.
Service Sales Growth
Service sales increased by 4% year-over-year, showcasing resilience and contributing to stabilization in financial performance.
Record Performance in Buses
Buses reported a record adjusted operating income of SEK 731 million with a margin of 11.8% driven by strong price realization and high volumes.
Volvo Penta Performance
Despite lower volumes, Volvo Penta's adjusted operating income increased due to price realization and a positive product mix, leading to a 17.7% margin.
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VLVLY 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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VLVLY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 18, 2024 | $25.17 | $26.04 | +3.46% |
| Jul 18, 2024 | $25.70 | $27.21 | +5.88% |
| Apr 17, 2024 | $25.83 | $26.20 | +1.43% |
| Jan 26, 2024 | $22.79 | $23.05 | +1.14% |
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 Volvo AB Class B (VLVLY) report earnings?
Volvo AB Class B (VLVLY) is schdueled to report earning on Jan 29, 2025, TBA Not Confirmed.
What is Volvo AB Class B (VLVLY) earnings time?
Volvo AB Class B (VLVLY) earnings time is at Jan 29, 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 VLVLY EPS forecast?
VLVLY EPS forecast for the fiscal quarter 2024 (Q4) is 0.48.
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