ALTM Earnings

ALTM reported its FY2024Q4 earnings on 2025-02-27, showcasing a revenue of 289.00M against an estimate of 250.96M, resulting in a 15.16% surprise. The EPS was 0.01, surpassing the expected 0.04 by -75% . The stock experienced a 0.17% price change on the earnings day and a 0.17% change over the next five days, reflecting market reactions to the results.

Following ALTM's FY2024Q4 earnings announcement on 2025-02-27, the stock price moved by 0.17% on the day of the release. Over the subsequent five days, it saw a 0.17% change. Historically, ALTM's stock price tends to shift by an average of +2.15% in the 10 days leading up to earnings and +2.53% in the 10 days following, providing insight into potential market.

For 2025/Q1, analysts estimate ALTM’s annual revenue to reach 260.75M, while the EPS is projected at 0.04. These estimates reflect recent revisions, with revenue estimates revised Revenue No Change by 0% and EPS estimates No Change by 0% over the past three months, indicating analyst expectation in the company’s performance.

The correlation between ALTM's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock’s fundamentals. Over the past three months, revenue estimates for FY2024 were No Change by 0%, while EPS estimates moved No Change by 0% . This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, ALTM's stock price typically moves by +2.15% in the 10 days before its earnings and +2.53% in the 10 days after. For the upcoming 2025/Q1 earnings, analysts expect an EPS of 0.04 and revenue of 260.75M.

The earnings call summary presents a mixed picture with several negative elements. The basic financial performance shows declining revenue and pricing, and the market strategy highlights challenges like oversupply and regulatory issues. The Q&A further reveals uncertainties, with management being vague about key financial metrics and CapEx updates. Despite cost-saving initiatives and optimistic long-term price projections, the immediate outlook is hindered by market conditions, reduced investments, and lack of shareholder returns. The absence of a share buyback program and potential closure of Mt. Cattlin contribute to a negative sentiment.