NYSE$CSW

Csw Industri Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Reported record revenue, EPS, EBITDA, and cash flow from operations.

CSW Industrials reported record results for the fiscal 2024 first quarter, with revenue reaching $203.4 million, a 2% increase driven by recent acquisitions. Net income increased by 4% to $30.6 million, and EPS improved by 5% to $1.97. The company also saw a significant increase in cash flow from operations, up 199% to $50.3 million, and paid down $43.0 million of debt.

  • Total revenue increased 2% to a record $203.4 million, driven by $5.1 million in revenue from recent acquisitions.
  • Net income attributable to CSWI increased 4% to $30.6 million, compared to $29.4 million.
  • Earnings per diluted share (EPS) improved 5% to $1.97, compared to $1.88.
  • Record cash flow from operations, which increased 199% to $50.3 million, compared to $16.8 million.

Headline financials

Total Revenue

$203M

Previous: $200M+1.7%
EPS (adj)

$1.97

Previous: $1.88+4.8%
Free Cash Flow

$45.3M

No prior period
Net Income

$30.6M

Previous: $29.4M+4.0%
Operating Income

$45.2M

Previous: $40.9M+10.6%
Gross Profit

$92.2M

Previous: $86.4M+6.6%
Cash & Equivalents

$14.8M

Previous: $15.5M-4.7%
Total Assets

$1.03B

Previous: $1.02B+1.5%

Revenue & EPS history

Csw Industri · Revenue · Quarterly

$203M

Q1 2024+1.7%vs Q1 2023
Beat estimate in 7 of 12 quarters(58%)
ActualEstimate

Revenue by segment

Csw Industri · $311M total across 3 segments · Q4 2026

  • Contractor Solutions
    $237M
  • Specialized Reliability Solutions
    $46.2M
  • Engineered Building Solutions
    $27.7M

Forward guidance

The company expects to deliver year-over-year revenue, EBITDA and EPS growth as well as strong cash flow generation.

Tailwinds

  • Expected to deliver year-over-year revenue growth
  • Expected EBITDA growth
  • Expected EPS growth
  • Anticipates strong cash flow generation
  • Balance sheet strength

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 Q1 2024

Historical avgQ1 2024

+0.6%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+3.8%

Avg return

30 days after

54%

26 / 48 earnings

Positive

+13.1%

Q2 2019

Best reaction

-8.5%

Q3 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026
Q3 2026-8.5%-12.9%-1.9%
Q2 2026+1.4%-2.4%+11.4%
Q1 2026-3.9%-10.7%-1.6%
Q4 2025-3.8%-0.3%-10.4%
Q3 2025-5.0%-7.4%-11.4%
Q2 2025-2.8%+0.3%+16.3%
Q1 2025+5.1%-0.3%+12.7%
Q4 2024+5.7%+4.6%+7.2%
Q3 2024+4.2%+4.4%+8.0%
Q2 2024-0.3%-1.6%+3.7%
Q1 2024+0.1%+3.4%+2.4%
Q4 2023+7.9%+7.7%+19.6%
Q3 2023+3.3%+4.2%+4.9%
Q2 2023-1.0%-4.6%-3.2%
Q1 2023+5.9%+13.2%+6.7%
Q4 2022-3.3%-2.3%-9.8%
Q3 2022+0.8%+2.6%+6.4%
Q2 2022-6.7%-2.0%-14.8%
Q1 2022+3.3%+7.1%+9.5%
Q4 2021+2.5%+0.7%-5.5%
Q3 2021+2.7%+2.3%+4.3%
Q2 2021+6.4%+7.0%+29.8%
Q1 2021+10.0%+9.8%+17.2%
Q4 2020+1.3%+0.9%+3.5%
Q3 2020-1.3%-5.7%-5.8%
Q2 2020+3.8%+4.5%+4.4%
Q1 2020+1.3%+2.9%+0.2%
Q4 2019+7.6%+6.9%+13.2%
Q3 2019+6.3%+5.0%+6.5%
Q2 2019+13.1%+10.6%+7.1%
Q1 2019-3.4%-1.2%+3.2%
Q4 2018+4.4%+6.7%+13.5%
Q3 2018+2.5%+1.8%+4.6%
Q2 2018-3.2%-4.9%-2.9%
Q1 2018+2.7%+5.2%+8.3%
Q4 2017+3.3%+0.5%+7.5%
Q3 2017-1.1%+0.3%-1.5%
Q2 2017+3.1%+5.8%+8.6%
Q1 2016-4.5%-7.6%-6.2%
Q1 2017+3.0%+2.2%+7.4%
Q4 2014-2.6%-7.1%-3.0%
Q1 2015-2.6%-7.1%-3.0%
Q4 2016-2.6%-7.1%-3.0%
Q3 2016-8.5%
Q3 2015-8.5%
Q2 2015-2.8%
Q4 2015-2.8%
Q2 2016-2.8%

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