NYSE$EVI

Evi Industries Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

EVI Industries reported flat revenue and adjusted EBITDA year over year, with a deceleration of revenue beginning in March 2020 due to the COVID-19 pandemic, while achieving record gross profit for the quarter.

EVI Industries announced results for the three-month period ended March 31, 2020. The COVID-19 pandemic adversely impacted the Company’s performance, particularly resulting in a deceleration of revenue beginning in March 2020, the Company achieved record gross profit for the three-month period.

  • Revenue was flat compared to the same period last year due to a deceleration beginning in March 2020 resulting from the onset of the COVID-19 pandemic.
  • Adjusted EBITDA was flat year over year, reflecting ongoing investments to optimize and modernize acquired businesses and investments in acquisition opportunities, combined with the impact of the COVID-19 pandemic.
  • The company completed the acquisition of Laundry Systems of Tennessee and affiliates and Commercial Laundry Equipment, Inc during the quarter.
  • EVI operates from 24 distribution locations in 14 states and exports to Latin America and the Caribbean from its Florida operations.

Headline financials

Total Revenue

$59M

Previous: $59.3M-0.4%
EPS (adj)

-$0.00

Previous: $0.04-102.5%
Free Cash Flow

-$12K

Previous: $466K-102.6%
Net Income

-$12K

Previous: $466K-102.6%
Operating Income

$351K

Previous: $1.11M-68.3%
Gross Profit

$13.8M

Previous: $13.4M+3.0%
Cash & Equivalents

$3.92M

Previous: $6.73M-41.8%
Total Assets

$158M

Previous: $155M+2.1%
Stock-Based Comp

$809K

Previous: $449K+80.2%

Revenue & EPS history

Evi Industries · Revenue · Quarterly

$59M

Q3 2020-0.4%vs Q3 2019

Forward guidance

The duration and severity of the COVID-19 pandemic and its impact on our business and results is uncertain.

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

+1.4%

Avg return

Earnings day

-1.0%

Avg return

5 days after

+1.9%

Avg return

30 days after

52%

33 / 64 earnings

Positive

+24.5%

Q1 2016

Best reaction

-18.3%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-13.4%-11.8%-9.7%
Q2 2026+1.5%-10.9%-19.2%
Q1 2026-0.3%-20.2%-24.3%
Q3 2025+3.5%+1.7%+4.1%
Q2 2025-4.4%-6.1%+1.2%
Q1 2025-9.9%-15.4%-12.9%
Q4 2024+10.6%+19.9%+19.5%
Q3 2024-3.2%-4.5%-13.5%
Q2 2024+13.8%+4.2%-1.7%
Q1 2024+0.9%+4.2%+8.7%
Q4 2023+12.9%+21.3%+20.7%
Q3 2023+0.3%+2.3%+21.3%
Q2 2023-1.3%-11.8%-9.7%
Q1 2023+0.0%+9.2%+32.7%
Q4 2022+2.0%-1.0%+23.6%
Q3 2022+2.4%-7.0%-20.0%
Q2 2022-4.8%-5.0%-22.4%
Q1 2022+1.8%+4.2%-5.0%
Q4 2021+0.2%+4.4%+16.1%
Q3 2021-1.5%+5.8%+31.1%
Q2 2021+4.8%-0.4%-12.7%
Q1 2021+5.4%+4.1%-1.9%
Q4 2020+17.5%+19.3%+24.8%
Q3 2020-10.4%+2.5%+51.3%
Q2 2020-14.4%-25.0%-27.8%
Q1 2020-0.8%-4.1%-23.1%
Q4 2019-4.9%-11.0%-3.0%
Q3 2019+0.2%+2.6%-3.2%
Q2 2019+0.9%-0.7%+1.1%
Q1 2019-18.3%-29.9%-17.1%
Q4 2018-0.6%-6.4%-13.8%
Q3 2018+1.1%+0.6%+0.9%
Q2 2018-2.0%-2.9%+3.9%
Q1 2018-5.6%+0.4%+30.3%
Q4 2017-13.6%-19.5%-16.3%
Q3 2017-16.6%-16.2%+1.0%
Q2 2017+20.2%+36.2%+5.1%
Q1 2017+8.6%+26.4%+18.6%
Q4 2016-1.5%+2.1%+15.2%
Q3 2016+1.3%
Q2 2016+3.1%
Q1 2016+24.5%
Q4 2015-3.2%
Q3 2015+0.0%
Q2 2015-0.4%
Q1 2015-3.5%
Q4 2014-7.6%
Q3 2014-7.6%
Q2 2014+12.6%
Q1 2014+14.7%
Q4 2013+16.5%
Q3 2013+9.7%
Q2 2013+0.0%
Q1 2013+19.7%
Q4 2012+12.6%
Q3 2012+10.3%
Q2 2012-6.0%
Q1 2012+9.4%
Q4 2011+3.1%
Q3 2011+2.4%
Q2 2010-2.7%
Q1 2010+9.5%
Q4 2010-2.8%
Q3 2010-10.2%

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