NYSE$TG

Tredegar Corporation · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Tredegar reported a net loss for Q4 2019, with net income from ongoing operations lower than the previous year. Bonnell Aluminum's full year operating results in 2019 beat 2018, and Surface Protection component of PE Films achieved record profit in 2019.

Tredegar Corporation reported a net loss of $3.1 million for Q4 2019, a significant decrease compared to the net income of $26.2 million in Q4 2018. Net income from ongoing operations was $7.2 million, also lower than the $14.2 million in the same quarter of the previous year. Despite these challenges, Bonnell Aluminum's full year operating results surpassed 2018, and the Surface Protection component of PE Films achieved record profit in 2019.

  • Q4 2019 net loss was $3.1 million ($0.09 per share) compared to net income of $26.2 million ($0.79 per share) in Q4 2018.
  • Net income from ongoing operations for Q4 2019 was $7.2 million ($0.22 per share) compared to $14.2 million ($0.43 per share) in Q4 2018.
  • EBITDA from ongoing operations for Aluminum Extrusions was $14.5 million, $3.4 million lower than Q4 2018.
  • EBITDA from ongoing operations for PE Films was $9.5 million, $3.5 million lower than Q4 2018.

Headline financials

Total Revenue

$232M

Previous: $276M-15.7%
EPS (adj)

$0.22

Previous: $0.43-48.8%
Capital Expenditures

$13.7M

Previous: $15.7M-13.3%
Free Cash Flow

$15.9M

Previous: -$10.9M+245.3%
Net Income

-$3.14M

Previous: $26.2M-112.0%
Operating Income

-$1.65M

No prior period
Gross Profit

$40.5M

Previous: $47.8M-15.2%
Cash & Equivalents

$31.4M

Previous: $34.4M-8.6%
Total Assets

$713M

Previous: $707M+0.7%

Revenue & EPS history

Tredegar · Revenue · Quarterly

$232M

Q4 2019-15.7%vs Q4 2018
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Revenue by segment

Tredegar · $191M total across 2 segments · Q4 2019

  • Aluminum Extrusions
    $124M
  • PE Films
    $67M

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 Q4 2019

Historical avgQ4 2019

-1.0%

Avg return

Earnings day

-0.6%

Avg return

5 days after

+2.4%

Avg return

30 days after

41%

26 / 64 earnings

Positive

+27.2%

Q4 2019

Best reaction

-20.9%

Q2 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+1.0%-21.4%-23.3%
Q3 2025+19.4%+22.7%+10.6%
Q2 2025-0.1%-7.1%-3.9%
Q1 2025-1.2%+0.0%+3.2%
Q4 2024+0.0%-2.7%-5.6%
Q3 2024-19.9%-18.9%-11.7%
Q1 2024+2.0%+3.0%-16.0%
Q4 2023+23.4%+43.1%+60.8%
Q3 2023-3.3%+6.8%+5.5%
Q2 2023-17.7%-19.6%-12.2%
Q1 2023-15.0%-19.3%-17.5%
Q4 2022-12.0%-12.2%-10.8%
Q3 2022-5.4%-7.8%-2.0%
Q2 2022+6.3%+11.2%-1.7%
Q1 2022+0.4%-2.5%+9.3%
Q4 2021+2.7%+7.7%+0.3%
Q3 2021+3.9%+3.5%-9.3%
Q2 2021+1.9%+3.3%+3.8%
Q1 2021-4.2%-4.0%+1.4%
Q4 2020-5.0%-6.7%-13.3%
Q3 2020+11.8%+7.8%+58.7%
Q2 2020+9.9%+12.9%+4.9%
Q1 2020-13.1%-14.0%+2.3%
Q4 2019+27.2%+2.5%+18.8%
Q3 2019+4.5%+6.7%+8.6%
Q2 2019+7.6%+14.6%+12.3%
Q1 2019-1.2%-4.4%-6.0%
Q4 2018+16.2%+4.2%+11.2%
Q3 2018-18.1%-20.3%-21.9%
Q2 2018-20.9%-14.6%-15.7%
Q1 2018+7.7%+9.9%+35.5%
Q4 2017-5.2%+5.5%+2.7%
Q3 2017+1.9%+1.6%+5.6%
Q2 2017+7.9%+12.3%+7.9%
Q1 2017-1.8%-1.2%-2.4%
Q4 2016-14.3%-17.4%-25.6%
Q3 2016-5.1%-6.5%+20.5%
Q2 2016-4.1%-1.8%+5.4%
Q1 2016-3.2%
Q4 2015+16.2%
Q3 2015-1.9%
Q2 2015-15.0%
Q1 2015-0.4%
Q4 2014-4.0%
Q3 2014-5.6%
Q2 2014-2.4%
Q1 2014-4.3%
Q4 2013-0.6%
Q3 2013-8.3%
Q2 2013-6.8%
Q1 2013+0.2%
Q4 2012+6.6%
Q3 2012+15.8%
Q2 2012+1.3%
Q1 2011-12.2%
Q1 2012+4.7%
Q4 2009-8.8%
Q4 2011-8.8%
Q3 2011+7.2%
Q3 2010+7.2%
Q2 2011-7.7%
Q2 2010-7.7%
Q4 2010-7.7%
Q2 2009-5.8%

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