NYSE$ODC

Oil-Dri Corporation of America · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Oil-Dri's second quarter fiscal 2020 earnings were announced, showcasing a significant increase in net income and earnings per share.

Oil-Dri Corporation of America reported a strong second quarter in fiscal year 2020, with a 2% increase in net sales and a 111% increase in net income attributable to Oil-Dri compared to the same period last year. The company benefited from strong performance in the Retail and Wholesale Products Group, driven by increased cat litter sales and improved margins, while the Business to Business Products Group experienced a slight sales decline.

  • Net income attributable to Oil-Dri increased by 111% compared to the prior year.
  • Earnings per diluted share increased by 110% compared to the prior year.
  • Retail and Wholesale Products Group experienced a 7% increase in revenues.
  • Business to Business Products Group revenues decreased by 8% due to the loss of a large customer.

Headline financials

Total Revenue

$71M

Previous: $69.9M+1.6%
EPS (adj)

$0.63

Previous: $0.30+110.0%
SG&A Expenses

$13.1M

Previous: $12.6M+4.0%
Capital Expenditures

-$7.29M

Previous: -$6.2M-17.5%
Free Cash Flow

-$2.46M

Previous: -$3.91M+37.2%
Net Income

$4.83M

Previous: $2.29M+111.2%
Operating Income

$5.87M

Previous: $2.83M+107.7%
Gross Profit

$19M

Previous: $15.4M+23.1%
Cash & Equivalents

$21.6M

Previous: $9.38M+130.1%
Total Assets

$209M

Previous: $193M+8.3%

Revenue & EPS history

Oil-Dri · Revenue · Quarterly

$71M

Q2 2020+1.6%vs Q2 2019

Revenue by segment

Oil-Dri · $71M total across 2 segments · Q2 2020

  • Retail and Wholesale
    $46.5M+7.2%
  • Business to Business
    $24.5M-7.5%

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 Q2 2020

Historical avgQ2 2020

+1.0%

Avg return

Earnings day

+2.3%

Avg return

5 days after

+4.2%

Avg return

30 days after

58%

32 / 55 earnings

Positive

+19.9%

Q3 2023

Best reaction

-17.1%

Q4 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+18.4%+13.7%
Q2 2026+3.7%-5.1%+12.2%
Q1 2026-12.7%-4.4%-3.9%
Q4 2025+8.0%-0.5%-6.5%
Q3 2025+0.0%+1.5%+5.8%
Q2 2025+9.0%+6.9%-5.0%
Q1 2025+18.4%+28.0%+24.2%
Q4 2024+5.9%+4.8%+12.5%
Q3 2024-15.7%-13.8%-26.7%
Q2 2024-1.1%-0.0%-1.2%
Q1 2024+9.6%+16.7%+13.4%
Q4 2023-9.8%-6.9%-8.5%
Q3 2023+19.9%+27.6%+60.2%
Q2 2023+5.3%+4.4%+7.4%
Q1 2023+5.0%+3.1%+5.9%
Q4 2022+13.1%+18.0%+35.5%
Q3 2022+2.6%+8.6%+22.3%
Q2 2022-2.6%+4.1%-2.0%
Q1 2022+1.8%-1.0%+4.6%
Q4 2021+0.5%+0.4%+0.3%
Q3 2021-4.8%-6.2%-8.3%
Q2 2021+0.2%-1.1%-7.5%
Q1 2021+1.0%+4.3%+0.8%
Q4 2020-5.0%-2.2%-11.3%
Q3 2020-4.2%-8.6%-8.1%
Q2 2020+1.1%-0.6%+2.0%
Q1 2020+1.1%+5.5%-0.1%
Q4 2019+2.5%+1.8%+13.4%
Q3 2019+3.8%-1.0%+19.5%
Q2 2019-0.3%+10.4%+16.7%
Q1 2019-4.3%-5.0%-3.1%
Q4 2018-0.9%-12.9%-5.1%
Q3 2018-3.1%-7.1%-1.9%
Q2 2018+0.3%+4.5%+9.3%
Q1 2018+0.6%+0.7%-7.5%
Q4 2017-17.1%-17.4%-16.5%
Q3 2017+6.9%+13.1%+20.1%
Q2 2017+1.4%+6.6%+7.8%
Q1 2017+2.3%-0.6%-8.4%
Q4 2016-1.3%+1.1%-2.7%
Q3 2016+1.2%+4.8%+7.2%
Q2 2016-9.9%
Q1 2015+8.3%
Q3 2015-3.4%
Q2 2014+1.4%
Q4 2012-1.5%
Q2 2012+2.3%
Q1 2012-1.9%
Q4 2011+4.1%
Q3 2011+0.6%
Q2 2011-3.1%
Q1 2010-2.8%
Q4 2010-2.6%
Q3 2010-0.4%
Q2 2009+1.8%

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