NYSE$CMT
Core Molding Technologies Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Core Molding Technologies' financial results were impacted by COVID-19, leading to a net loss.
Core Molding Technologies reported a decrease in net sales and a net loss for the second quarter of 2020, primarily due to the impact of COVID-19 on customer operations. Despite these challenges, the company saw a rebound in revenues in June and strong cash flows from operations due to operational improvements.
- Net sales decreased by 53.5% compared to the same period last year due to COVID-19.
- The company experienced a net loss of $2.3 million, or ($0.29) per diluted share, compared to a net income of $0.2 million, or $0.03 per diluted share, in Q2 2019.
- Gross margin decreased to 7.7% compared to 10.5% in the second quarter of 2019.
- Cash flows from operations significantly increased to $13.1 million compared to $0.4 million in the prior year.
Headline financials
Revenue & EPS history
Core Molding · Revenue · Quarterly
$37.8M
Revenue by segment
Core Molding · $15.1M total across 3 segments · Q3 2023
- Tooling$5.83M-37.1%38.6%
- Building products$4.82M—31.9%
- Industrial and Utilities$4.47M—29.6%
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 Q2 2020
+1.5%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+3.4%
Avg return
30 days after
59%
38 / 64 earnings
Positive
+34.9%
Q1 2020
Best reaction
-36.7%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.3% | -1.3% | -7.8% | |
| Q4 2025 | +8.4% | +7.0% | +28.9% | |
| Q3 2025 | +2.4% | +4.9% | +2.2% | |
| Q1 2025 | -1.7% | +1.0% | +4.1% | |
| Q4 2024 | -0.4% | +6.1% | +11.8% | |
| Q3 2024 | +7.5% | +8.1% | +5.2% | |
| Q2 2024 | -7.5% | +3.9% | +3.3% | |
| Q1 2024 | +1.6% | +3.8% | -10.8% | |
| Q4 2023 | -0.9% | -5.1% | -5.5% | |
| Q3 2023 | -36.7% | -33.7% | -24.6% | |
| Q2 2023 | +15.5% | +15.6% | +13.1% | |
| Q1 2023 | +7.3% | +7.2% | +2.8% | |
| Q4 2022 | +11.2% | +9.5% | +26.1% | |
| Q3 2022 | +8.6% | +8.3% | +5.7% | |
| Q2 2022 | +5.5% | +18.0% | +3.4% | |
| Q1 2022 | +4.1% | +2.3% | -3.0% | |
| Q4 2021 | +20.0% | +22.8% | +25.8% | |
| Q3 2021 | -13.0% | -13.2% | -25.6% | |
| Q2 2021 | +11.4% | +8.3% | -2.8% | |
| Q1 2021 | +23.8% | +23.7% | +12.4% | |
| Q4 2020 | -7.3% | -8.2% | -8.3% | |
| Q3 2020 | +13.3% | +10.2% | +41.9% | |
| Q2 2020 | +8.0% | +9.8% | +32.9% | |
| Q1 2020 | +34.9% | +20.8% | +70.3% | |
| Q4 2019 | +0.5% | +0.5% | -42.7% | |
| Q3 2019 | -1.5% | +1.7% | +1.7% | |
| Q2 2019 | +13.4% | +9.2% | +8.7% | |
| Q1 2019 | -2.0% | -0.6% | -10.1% | |
| Q4 2018 | -3.3% | -0.5% | +1.9% | |
| Q3 2018 | +0.7% | +2.0% | +14.5% | |
| Q2 2018 | -27.4% | -30.1% | -30.4% | |
| Q1 2018 | -4.3% | -12.0% | -9.6% | |
| Q4 2017 | -0.8% | -3.9% | -7.6% | |
| Q3 2017 | -7.9% | -9.6% | -8.6% | |
| Q2 2017 | +10.7% | +11.1% | +5.6% | |
| Q1 2017 | +3.0% | +1.5% | +6.3% | |
| Q4 2016 | -1.7% | +0.1% | +15.4% | |
| Q3 2016 | -18.5% | -13.2% | -7.5% | |
| Q2 2016 | -16.8% | -22.1% | -7.9% | |
| Q1 2016 | +15.6% | — | — | |
| Q4 2015 | -2.8% | — | — | |
| Q3 2015 | -29.3% | — | — | |
| Q2 2015 | +17.3% | — | — | |
| Q1 2015 | +7.2% | — | — | |
| Q4 2014 | +6.1% | — | — | |
| Q3 2014 | +4.6% | — | — | |
| Q2 2014 | +6.5% | — | — | |
| Q1 2014 | +1.3% | — | — | |
| Q4 2013 | -8.2% | — | — | |
| Q3 2013 | +1.7% | — | — | |
| Q2 2013 | -0.8% | — | — | |
| Q1 2013 | -0.6% | — | — | |
| Q4 2012 | -0.1% | — | — | |
| Q3 2012 | -0.8% | — | — | |
| Q2 2012 | +1.0% | — | — | |
| Q1 2011 | -4.0% | — | — | |
| Q1 2012 | +2.5% | — | — | |
| Q4 2011 | +0.9% | — | — | |
| Q3 2010 | +1.0% | — | — | |
| Q3 2011 | +1.0% | — | — | |
| Q2 2011 | +6.5% | — | — | |
| Q2 2010 | +6.5% | — | — | |
| Q4 2010 | +6.5% | — | — | |
| Q1 2010 | -3.0% | — | — |
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