NYSE$MAGN

Magnera Corp · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Glatfelter reported solid results with Airlaid Materials delivering another quarter of record profitability.

Glatfelter's Q3 2020 results showed a slight increase in consolidated net sales, driven by Composite Fibers' growth, while Airlaid Materials achieved record profit despite a sales decrease. The company maintained a focus on operational excellence and cost discipline amidst the COVID-19 pandemic.

  • Airlaid Materials achieved another quarter of record profit, driven by sequential quarter growth in shipments.
  • Composite Fibers' shipments increased sequentially by 21%, with improved wallcover demand.
  • The company continues to maintain efforts to keep Glatfelter PEOPLE safe and ensure the uninterrupted availability of its products.
  • Glatfelter remains focused on operational excellence and continuing positive momentum to finish the year strong.

Headline financials

Total Revenue

$233M

Previous: $233M+0.4%
EPS (adj)

$0.15

Previous: $0.27-44.4%
Capital Expenditures

-$20.2M

Previous: -$18M-11.9%
Free Cash Flow

-$13.6M

Previous: -$5.79M-135.4%
Net Income

$6.53M

Previous: $12.2M-46.6%
Operating Income

$14M

Previous: $14.5M-3.5%
Gross Profit

$38.3M

Previous: $38M+0.6%
Cash & Equivalents

$59.2M

Previous: $57M+3.8%
Total Assets

$1.23B

Previous: $1.25B-0.9%
Stock-Based Comp

$1.62M

Previous: $1.05M+54.7%

Revenue & EPS history

Glatfelter · Revenue · Quarterly

$233M

Q3 2020+0.4%vs Q3 2019
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

Looking ahead, Glatfelter remains focused on operational excellence and continuing its positive momentum to finish the year strong.

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 Q3 2020

Historical avgQ3 2020

-1.9%

Avg return

Earnings day

-1.1%

Avg return

5 days after

-2.0%

Avg return

30 days after

45%

30 / 66 earnings

Positive

+26.8%

Q4 2025

Best reaction

-29.9%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+1.6%-1.5%+1.4%
Q1 2026+5.4%+2.8%-16.5%
Q4 2025+26.8%+69.6%+87.6%
Q4 2024-18.1%-2.8%-12.7%
Q2 2025-18.1%-2.8%-12.7%
Q1 2025+2.4%+10.1%+2.7%
Q3 2024+0.6%-10.0%-12.5%
Q2 2024+18.9%+20.3%+9.8%
Q1 2024-3.5%-10.5%-28.5%
Q4 2023-2.4%+7.3%-14.6%
Q3 2023+2.5%-6.7%-3.1%
Q2 2023-29.9%-38.2%-40.9%
Q1 2023+10.5%+5.3%+48.7%
Q4 2022-13.6%-13.6%-31.7%
Q3 2022+9.5%+25.4%+25.4%
Q2 2022-9.6%-20.7%-24.3%
Q1 2022-1.6%-8.0%-14.2%
Q4 2021+2.8%-2.2%+0.4%
Q3 2021+3.2%+5.5%+0.8%
Q2 2021+1.7%+3.7%+4.5%
Q1 2021-1.5%-0.7%-16.0%
Q4 2020-1.8%-1.4%+7.0%
Q3 2020+2.4%+4.9%+22.2%
Q2 2020-2.3%-0.5%-8.2%
Q1 2020-8.0%-5.8%+18.4%
Q4 2019-3.7%-4.9%-22.9%
Q3 2019+3.7%+5.4%+2.9%
Q2 2019-4.1%-10.8%-15.2%
Q1 2019+5.2%+3.9%+11.8%
Q4 2018-1.7%-3.1%-1.7%
Q3 2018-18.2%-22.1%-35.7%
Q2 2018-12.7%-16.4%-6.0%
Q1 2018-1.7%+3.2%+1.8%
Q4 2017-0.4%-0.7%-2.7%
Q3 2017+8.7%+8.7%+8.8%
Q2 2017-16.4%-12.8%-15.4%
Q1 2017-2.3%-3.2%+0.4%
Q4 2016-1.0%-3.0%-6.7%
Q3 2016-17.8%-17.9%+3.0%
Q2 2016+1.5%+2.2%+6.4%
Q1 2016+1.4%
Q4 2015+6.4%
Q3 2015-14.1%
Q2 2015-6.7%
Q1 2015-1.0%
Q4 2014-1.0%
Q3 2014+4.4%
Q2 2014+1.0%
Q1 2014+0.8%
Q4 2013+1.3%
Q3 2013+0.6%
Q2 2013+0.1%
Q1 2013-0.9%
Q4 2012+2.1%
Q3 2012-3.8%
Q2 2012-1.8%
Q1 2009-6.0%
Q1 2012+0.9%
Q4 2009+1.1%
Q4 2011+1.1%
Q3 2010-2.8%
Q3 2009-2.8%
Q2 2009-8.3%
Q2 2010-8.3%
Q4 2010-8.3%
Q1 2010+3.5%

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