NYSE$ASIX
Advansix Inc · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
AdvanSix demonstrated strong volume growth, margin improvement, and cash flow generation.
AdvanSix reported a 4.2% increase in sales, a significant increase in net income, and a substantial rise in cash flow from operations for Q4 2020. The company highlighted strong volume growth and margin improvements.
- Sales increased by 4.2% versus the prior year.
- EPS was $0.94, up $1.02 versus the prior year.
- Cash flow from operations was $48 million, up $28 million versus the prior year.
- Net income increased by $28.9 million versus the prior year.
Headline financials
Revenue & EPS history
Advansix · Revenue · Quarterly
$340M
Revenue by segment
Advansix · $262M total across 3 segments · Q4 2020
- Chemical Intermediates$119M+17.6%45.5%
- Nylon$78.3M-4.2%29.9%
- Caprolactam$64.7M-5.8%24.7%
Forward guidance
AdvanSix anticipates near-term improvement in nylon demand, increased ammonium sulfate fertilizer demand, and a favorable acetone industry supply and demand balance. Capital expenditures are expected to be $80 to $90 million in 2021, and the pre-tax income impact of planned plant turnarounds is expected to be $25 to $30 million in 2021. They also expect to receive approximately $12 million cash tax refund in the first half of 2021 related to CARES Act
Tailwinds
- Expect near-term improvement in nylon demand while navigating COVID environment
- Expect increased ammonium sulfate fertilizer demand through 2021 planting season supported by improvement in agricultural industry fundamentals
- Expect favorable acetone industry supply and demand balance to continue
- Continue to expect Capital Expenditures to be $80 to $90 million in 2021
- Expect to receive approximately $12 million cash tax refund in the first half of 2021 related to CARES Act
Headwinds
- Navigating COVID environment
- Continue to expect pre-tax income impact of planned plant turnarounds to be $25 to $30 million in 2021
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
-0.8%
Avg return
Earnings day
-1.1%
Avg return
5 days after
+0.6%
Avg return
30 days after
52%
23 / 44 earnings
Positive
+15.6%
Q1 2016
Best reaction
-15.5%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -14.5% | -6.0% | -9.9% | |
| Q4 2025 | +3.9% | +0.8% | +12.5% | |
| Q3 2025 | -15.0% | -10.9% | -11.7% | |
| Q1 2025 | +6.1% | +6.9% | +10.4% | |
| Q3 2024 | +5.0% | +11.8% | +14.5% | |
| Q2 2024 | +2.7% | +4.0% | +10.5% | |
| Q1 2024 | -9.9% | -6.3% | -8.0% | |
| Q4 2023 | +0.8% | -0.6% | -4.2% | |
| Q3 2023 | -9.5% | -13.2% | -5.0% | |
| Q2 2023 | -8.1% | -5.3% | -14.0% | |
| Q1 2023 | -0.7% | -1.2% | +1.1% | |
| Q4 2022 | -3.3% | -0.9% | -17.7% | |
| Q3 2022 | +3.7% | +1.7% | +14.9% | |
| Q2 2022 | +1.6% | +2.0% | -8.2% | |
| Q1 2022 | -3.9% | -4.2% | -2.2% | |
| Q4 2021 | -11.0% | -14.7% | +30.5% | |
| Q3 2021 | +5.4% | +8.3% | +2.4% | |
| Q2 2021 | +2.6% | +6.9% | +11.5% | |
| Q1 2021 | +3.3% | +6.7% | +3.4% | |
| Q4 2020 | +11.5% | +8.1% | +2.8% | |
| Q3 2020 | +4.4% | -1.3% | +23.6% | |
| Q2 2020 | +1.5% | +5.2% | +16.4% | |
| Q1 2020 | -6.0% | -7.2% | -2.8% | |
| Q4 2019 | -15.5% | -27.0% | -34.1% | |
| Q3 2019 | +3.4% | +4.0% | -11.1% | |
| Q2 2019 | -2.3% | -10.3% | -12.9% | |
| Q1 2019 | +8.1% | +1.6% | -18.7% | |
| Q4 2018 | +2.0% | -1.2% | -15.6% | |
| Q3 2018 | -8.9% | -2.9% | -2.5% | |
| Q2 2018 | -13.2% | -13.5% | -15.0% | |
| Q1 2018 | -5.5% | +2.0% | +2.9% | |
| Q4 2017 | +4.5% | +6.6% | -12.2% | |
| Q3 2017 | -6.7% | -7.2% | -11.4% | |
| Q2 2017 | -4.6% | -4.0% | +3.2% | |
| Q2 2016 | -4.6% | -4.0% | +3.2% | |
| Q1 2017 | +15.6% | +13.7% | +11.3% | |
| Q1 2016 | +15.6% | +13.7% | +11.3% | |
| Q1 2015 | -7.1% | -9.9% | -11.7% | |
| Q2 2015 | -7.1% | -9.9% | -11.7% | |
| Q4 2014 | -7.1% | -9.9% | -11.7% | |
| Q4 2016 | +1.3% | -2.2% | +1.3% | |
| Q4 2015 | +8.5% | +6.9% | +30.4% | |
| Q3 2016 | +8.5% | +6.9% | +30.4% | |
| Q3 2015 | +8.5% | +6.9% | +30.4% |
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