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Martinrea International (TSE:MRE)
TSX:MRE
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.46Last Year’s EPS
0.58Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: 1.63%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of improvements in financial results and new business awards against significant challenges from U.S. tariffs, losses in European operations, and negative free cash flow. The positive steps in cost management and new business are counterbalanced by concerns over tariffs and declines in key financial metrics.Company Guidance
During the Martinrea International First Quarter 2025 Results Conference Call, the company provided several key metrics and guidance updates. They reported an adjusted EBITDA of $140.9 million, down from $162.8 million in Q1 2024, and an adjusted operating income of $61.9 million, down from $79.1 million year-over-year, with production sales declining by about 10%. The adjusted operating income margin was 5.3%, a decrease of 70 basis points, reflecting a 13% decremental margin on lower production sales. The company projected sales for 2025 to be between $4.8 billion and $5.1 billion, with an adjusted operating income margin of 5.3% to 5.8%, and free cash flow of $125 million to $175 million. The outlook does not include potential impacts from tariffs on auto parts, which remain a concern due to ongoing geopolitical and trade uncertainties. Martinrea also highlighted a $50 million annual cost improvement target from its SG&A reduction project, and new business awards totaling $60 million in annualized sales of mature volumes. The company decided to temporarily pause share buybacks until there is more clarity on the tariff situation, focusing on maintaining a strong balance sheet and using free cash flow to pay down debt.Improved Q1 Financial Results
Q1 financial results improved over Q4 with higher production sales and better margins. Inventories are now at normal levels, and volumes improved compared to Q4.
New Business Awards
Awarded new business worth $60 million in annualized sales, with $55 million in structural components with Mercedes and General Motors and $5 million with Volvo Truck.
SG&A Cost Reduction Initiative
Announced a project targeting $50 million in annual cost improvement through SG&A cost reductions, generating free cash flow, and maintaining a strong balance sheet.
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TSE:MRE 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:MRE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 01, 2025 | C$7.36 | C$7.74 | +5.16% |
| Mar 06, 2025 | C$7.86 | C$7.71 | -1.89% |
| Nov 12, 2024 | C$10.68 | C$9.53 | -10.81% |
| Aug 06, 2024 | C$10.33 | C$10.29 | -0.39% |
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 Martinrea International (TSE:MRE) report earnings?
Martinrea International (TSE:MRE) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Martinrea International (TSE:MRE) earnings time?
Martinrea International (TSE:MRE) earnings time is at Aug 12, 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:MRE EPS forecast?
TSE:MRE EPS forecast for the fiscal quarter 2025 (Q2) is 0.46.
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