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WEG (WEGZY)
OTHER OTC:WEGZY
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.06Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -12.18%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call reflected strong revenue growth and strategic expansion, particularly in international markets and through acquisitions, contributing to a positive outlook. However, challenges such as margin pressure from product mix and slower sales in key segments indicate areas of concern.Company Guidance
During WEG's Fourth Quarter 2024 Earnings Conference Call, the company reported a 26.4% increase in net operating revenue compared to the same quarter in 2023. EBITDA rose by 30.5% to R$ 2.4 billion, with an EBITDA margin of 22.1%, up by 0.7 percentage points from the previous year. Return on invested capital remained high at 34.2%, although it saw a reduction of 5 percentage points due to nonrecurring effects and increased invested capital. The company's performance was bolstered by strong demand across various sectors, particularly in long-cycle equipment such as transmission and distribution projects. Additionally, recent acquisitions contributed to the revenue growth. Despite challenges and uncertainties in the global macroeconomic environment, WEG maintained a positive outlook for future growth and operational efficiency.Strong Revenue Growth
Net operating revenue grew by 26.4% compared to 4Q '23, driven by strong performance in Brazil's transmission and distribution projects and centralized solar generation projects.
Record EBITDA Increase
EBITDA reached R$ 2.4 billion, marking a 30.5% increase compared to 4Q '23, with an EBITDA margin of 22.1%, up by 0.7 percentage points from the previous year.
International Market Expansion
Positive demand in international markets, particularly in North America and Europe, with growth in power generation, transmission, and distribution businesses.
Strategic Acquisitions
Acquisitions of REIVAX and Volt Electric Motors to expand WEG's industrial footprint in power generation control systems and electric motors.
Investment in Capacity Expansion
Announced investment of $62 million to expand production capacity in China, and construction of a new gearbox factory in Turkey with an investment of €28 million.
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WEGZY 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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WEGZY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $9.03 | $8.24 | -8.75% |
| Oct 30, 2024 | $9.87 | $9.25 | -6.28% |
| Jul 31, 2024 | $8.06 | $8.84 | +9.68% |
| May 02, 2024 | $7.52 | $7.49 | -0.40% |
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 WEG (WEGZY) report earnings?
WEG (WEGZY) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is WEG (WEGZY) earnings time?
WEG (WEGZY) earnings time is at Apr 30, 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 WEGZY EPS forecast?
Currently, no data Available
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