CORRECTED-Canada's Neo Performance Q4 revenue beats estimates
Overview
Canada advanced materials firm's Q4 revenue beat analyst expectations
Adjusted EPS for Q4 missed analyst expectations
Outlook
Neo sees 2026 Adjusted EBITDA between $75 mln and $80 mln
Result Drivers
MAGNEQUENCH VOLUME GROWTH - Record bonded magnet shipments and strong powder sales driven by demand in electrification, automation, and advanced computing
CHEMICALS & OXIDES PROFITABILITY - Segment earnings rose sharply due to improved pricing, operational execution, and portfolio optimization after divesting Chinese assets
RARE METALS PRICE NORMALIZATION - Segment results declined as hafnium prices stabilized from prior record highs, though demand in aerospace and industrial markets remained strong
Company press release: ID:nCNWy0Zx9a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $120.30 mln | $114.07 mln (3 Analysts) |
Q4 Adjusted EPS | Miss | $0.01 | $0.11 (3 Analysts) |
Q4 Adjusted Net Income | Miss | $600,000 | $2.88 mln (2 Analysts) |
Q4 Dividend |
| C$0.10 |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the specialty mining & metals peer group is "buy"
Wall Street's median 12-month price target for Neo Performance Materials Inc is C$24.50, about 2.8% above its March 18 closing price of C$23.84
The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 24 three months ago
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