NASDAQ$AMWD

American Woodmark Corporation · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

American Woodmark's third quarter results were announced, showing increased net sales but decreased net income compared to the same quarter of the prior year.

American Woodmark Corporation reported a 3.0% increase in net sales for the third quarter, reaching $395.8 million. However, net income decreased to $12.8 million, or $0.75 per diluted share, from $18.4 million, or $1.07 per diluted share, in the same quarter of the previous year. The decrease in net income was attributed to tariffs, particleboard supply disruption costs, and expenses related to a facility move in California.

  • Net sales increased by 3.0% to $395.8 million compared to the same quarter of the prior fiscal year.
  • Net income decreased to $12.8 million ($0.75 per diluted share) compared to $18.4 million ($1.07 per diluted share) in the prior year.
  • Adjusted EPS per diluted share was $1.30 compared to $1.40 in the same quarter of the prior fiscal year.
  • Adjusted EBITDA was $50.1 million, or 12.7% of net sales, compared to $52.2 million, or 13.6% of net sales, for the same quarter of the prior fiscal year.

Headline financials

Total Revenue

$396M

Previous: $384M+3.0%
EPS (adj)

$1.30

Previous: $1.40-7.1%
Capital Expenditures

-$25.6M

Previous: -$26.3M+2.8%
Free Cash Flow

$86.6M

Previous: $112M-22.4%
Net Income

$12.8M

Previous: $18.4M-30.4%
Operating Income

$24M

Previous: $27.2M-11.5%
Gross Profit

$72.3M

Previous: $76.9M-5.9%
Cash & Equivalents

$47.1M

Previous: $42M+12.0%
Total Assets

$1.59B

Previous: $1.53B+4.0%
Stock-Based Comp

$1.05M

Previous: $668K+56.7%

Revenue & EPS history

American Woodmark · Revenue · Quarterly

$396M

Q3 2020+3%vs Q3 2019
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

+1.1%

Avg return

Earnings day

-1.7%

Avg return

5 days after

-4.3%

Avg return

30 days after

54%

35 / 65 earnings

Positive

+22.5%

Q2 2018

Best reaction

-19.1%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026
Q3 2026-0.8%-8.0%-22.8%
Q2 2026+5.3%+6.3%+5.7%
Q1 2026+0.6%-3.7%-2.5%
Q4 2025+3.0%-3.0%-6.1%
Q3 2025-13.0%-16.6%-16.9%
Q2 2025-11.6%-10.0%-18.7%
Q1 2025-11.6%-10.3%-8.6%
Q4 2024-4.6%-6.5%-14.6%
Q3 2024+1.2%-7.7%+0.6%
Q2 2024+16.0%+15.5%+28.9%
Q1 2024+5.7%+10.0%+5.2%
Q4 2023+18.8%+16.1%+29.4%
Q3 2023-10.3%-2.1%-14.5%
Q2 2023+4.3%+3.0%-6.1%
Q1 2023+9.3%+8.4%-6.5%
Q4 2022+3.1%+1.2%-10.8%
Q3 2022+9.6%+13.7%+4.0%
Q2 2022-4.6%-9.7%-12.6%
Q1 2022-13.0%-13.8%-18.7%
Q4 2021-8.5%-6.6%-13.4%
Q3 2021-7.4%-6.5%-3.7%
Q2 2021-12.5%-11.3%-8.9%
Q1 2021-8.0%-5.3%-21.2%
Q4 2020+7.3%+3.7%+17.5%
Q3 2020-19.1%-27.9%-54.6%
Q2 2020-0.3%-2.3%-0.1%
Q1 2020+8.4%+13.2%+19.0%
Q4 2019-13.0%-15.1%-3.7%
Q3 2019+0.5%-0.7%-6.6%
Q2 2019-1.5%-8.2%-16.0%
Q1 2019+1.2%+0.0%-5.9%
Q4 2018+16.3%+16.0%+2.0%
Q3 2018-7.1%-6.3%-17.8%
Q2 2018+22.5%+18.4%+30.8%
Q1 2018-13.9%-14.3%-4.7%
Q4 2017+4.4%+9.2%+6.1%
Q3 2017+6.8%+6.4%+10.8%
Q2 2017-4.5%-3.5%-6.2%
Q1 2017+10.3%+10.2%+4.6%
Q4 2016-13.6%-20.1%-15.9%
Q3 2016-1.7%
Q2 2016+20.5%
Q1 2016+1.1%
Q4 2015+10.0%
Q3 2015+13.7%
Q2 2015-0.8%
Q1 2015+18.9%
Q4 2014+2.0%
Q3 2014-11.9%
Q2 2014+3.0%
Q1 2014+10.4%
Q4 2013-2.9%
Q3 2013+5.8%
Q2 2013+18.3%
Q1 2013+4.6%
Q4 2010+6.3%
Q4 2012+6.3%
Q3 2011-2.0%
Q3 2012-2.0%
Q2 2011-6.4%
Q2 2012-6.4%
Q1 2011-1.9%
Q4 2011-1.9%
Q1 2012+12.6%
Q3 2010+1.7%

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