earnings
confidence high
sentiment neutral
materiality 0.70
Hamilton Beach Q3 revenue $156.7M (+2% YoY); gross margin 28.0%; EPS $0.14 on pension charge
Hamilton Beach Brands Holding Co
2024-Q3 EPS reported
$0.48
revenue$441,184,000
- Revenue $156.7M (+2% YoY); gross margin 28.0% (up 190 bps).
- Operating profit $10.6M vs $14.4M; includes $2.9M non-cash equity comp from stock appreciation.
- Net income $1.9M ($0.14 EPS) vs $10.3M ($0.74); includes $7.6M pension termination charge.
- Cash from ops $35.2M; net debt $22.5M, down from $49.7M a year ago.
- FY2024 outlook: modest revenue growth, significant op profit increase; cash flow $25-35M high end.