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Hammond Power Solutions (TSE:HPS.A)
TSX:HPS.A
RESEARCH TOOLSreports
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.84Last Year’s EPS
2.74Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: 0.00%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. While there were positive developments such as sales growth, completion of the new factory, and sustainability advancements, challenges like declining gross margins, decreased EBITDA, and cash flow issues were significant. The strategic benefits from the Micron acquisition and factory expansion offer long-term growth potential, but current financial pressures and operational delays are concerning.Company Guidance
During the first quarter of fiscal year 2025, Hammond Power Solutions reported a sales increase of 6% compared to Q1 2024, reaching $201 million, with notable growth in Canada at 7%, though U.S. sales slightly declined. The quarter saw a 5.6% sales growth over the same period last year, driven by a 17% increase in backlog, particularly in custom products. Despite trade uncertainties and shifts in product mix, standard product shipments exceeded expectations. Gross margins slightly declined to 31.5%, influenced by increased material and labor costs, prompting a catalog product price increase effective in April. The adjusted EBITDA was $30.9 million, or 15.4% of sales, down from 16.2% in Q1 2024, primarily due to lower gross margins. The company also reported a decrease in net cash by $16 million and capital expenditures of $8 million for the quarter, aligning with a projected annual target of $40 million. The new factory in Monterrey, Mexico, is on track to start product shipping by year-end, enhancing capacity for custom products. Sustainability efforts showed a 3.2% improvement in energy efficiency and over 70% waste diversion from landfills.Quarterly Sales Growth
First quarter sales grew by 5.6% over the same quarter last year, with a backlog increase of more than 17%, confirming demand for custom products.
Expansion and Capacity Milestones
The new factory in Monterrey, Mexico reached a significant milestone of completion ahead of schedule, with product shipments expected to start by the end of the year.
Sustainability Improvements
Improved energy efficiency by 3.2% and diverted over 70% of waste from landfills through recycling, repurposing, and reuse.
Micron Acquisition Benefits
Micron contributed 3% to overall sales year-over-year, with promising initial synergies enhancing service to U.S. customers.
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TSE:HPS.A 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:HPS.A Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 01, 2025 | C$92.40 | ― | ― |
| Mar 20, 2025 | C$82.91 | C$85.97 | +3.70% |
| Oct 29, 2024 | C$138.04 | C$129.77 | -5.99% |
| Jul 25, 2024 | C$102.89 | C$115.75 | +12.50% |
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 Hammond Power Solutions (TSE:HPS.A) report earnings?
Hammond Power Solutions (TSE:HPS.A) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Hammond Power Solutions (TSE:HPS.A) earnings time?
Hammond Power Solutions (TSE:HPS.A) earnings time is at Jul 24, 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:HPS.A EPS forecast?
TSE:HPS.A EPS forecast for the fiscal quarter 2025 (Q2) is 1.84.
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