earnings
confidence high
sentiment neutral
materiality 0.70
Core Molding Q1 sales down 4.7% to $58.6M; adjusted EPS $0.37 vs GAAP $0.07
CORE MOLDING TECHNOLOGIES INC
2026-Q1 EPS reported
$0.07
revenue$58,583,000
- Net sales $58.6M (-4.7% YoY) on truck down cycle partially offset by Powersports growth.
- Gross margin improved to 20.4% from 19.2% YoY; adjusted EBITDA $7.3M (12.5% of sales).
- GAAP net income $0.6M ($0.07 diluted); adjusted net income $3.2M ($0.37 diluted).
- New business wins totaled $17M in Q1; board authorized 6.5M share repurchase increase.
- Full-year 2026 outlook unchanged: sales flat to up ~5% YoY; gross margin guided 17%-19%.
item 2.02item 9.01