Latest news with #Tecnoglass
Yahoo
2 hours ago
- Business
- Yahoo
Building Materials Stocks Q2 Results: Benchmarking Tecnoglass (NYSE:TGLS)
Quarterly earnings results are a good time to check in on a company's progress, especially compared to its peers in the same sector. Today we are looking at Tecnoglass (NYSE:TGLS) and the best and worst performers in the building materials industry. Traditionally, building materials companies have built competitive advantages with economies of scale, brand recognition, and strong relationships with builders and contractors. More recently, advances to address labor availability and job site productivity have spurred innovation. Additionally, companies in the space that can produce more energy-efficient materials have opportunities to take share. However, these companies are at the whim of construction volumes, which tend to be cyclical and can be impacted heavily by economic factors such as interest rates. Additionally, the costs of raw materials can be driven by a myriad of worldwide factors and greatly influence the profitability of building materials companies. The 8 building materials stocks we track reported a mixed Q2. As a group, revenues beat analysts' consensus estimates by 1% while next quarter's revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 7.3% on average since the latest earnings results. Tecnoglass (NYSE:TGLS) The first-ever Colombian company to trade on the NASDAQ, Tecnoglass (NYSE:TGLS) is a manufacturer of architectural glass, windows, and aluminum products. Tecnoglass reported revenues of $255.5 million, up 16.3% year on year. This print exceeded analysts' expectations by 4.3%. Overall, it was a very strong quarter for the company with an impressive beat of analysts' EBITDA estimates and a solid beat of analysts' adjusted operating income estimates. Unsurprisingly, the stock is down 7.4% since reporting and currently trades at $72.51. Is now the time to buy Tecnoglass? Access our full analysis of the earnings results here, it's free. Best Q2: Armstrong World (NYSE:AWI) Started as a two-man shop dating back to the 1860s, Armstrong (NYSE:AWI) provides ceiling and wall products to commercial and residential spaces. Armstrong World reported revenues of $424.6 million, up 16.3% year on year, outperforming analysts' expectations by 5.2%. The business had a stunning quarter with an impressive beat of analysts' organic revenue estimates and a solid beat of analysts' EBITDA estimates. The market seems happy with the results as the stock is up 15.6% since reporting. It currently trades at $195.27. Is now the time to buy Armstrong World? Access our full analysis of the earnings results here, it's free. Weakest Q2: Carlisle (NYSE:CSL) Originally founded as Carlisle Tire and Rubber Company, Carlisle Companies (NYSE:CSL) is a multi-industry product manufacturer focusing on construction materials and weatherproofing technologies. Carlisle reported revenues of $1.45 billion, flat year on year, falling short of analysts' expectations by 3.2%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income estimates and a significant miss of analysts' EBITDA estimates. As expected, the stock is down 5.4% since the results and currently trades at $387. Read our full analysis of Carlisle's results here. Sherwin-Williams (NYSE:SHW) Widely known for its success in the paint industry, Sherwin-Williams (NYSE:SHW) is a manufacturer of paints, coatings, and related products. Sherwin-Williams reported revenues of $6.31 billion, flat year on year. This print was in line with analysts' expectations. More broadly, it was a softer quarter as it logged full-year EPS guidance missing analysts' expectations significantly and a significant miss of analysts' adjusted operating income estimates. The stock is up 7.6% since reporting and currently trades at $367.93. Read our full, actionable report on Sherwin-Williams here, it's free. UFP Industries (NASDAQ:UFPI) Beginning as a lumber supplier in the 1950s, UFP Industries (NASDAQ:UFPI) is a holding company making building materials for the construction, retail, and industrial sectors. UFP Industries reported revenues of $1.84 billion, down 3.5% year on year. This result missed analysts' expectations by 1.9%. It was a disappointing quarter as it also recorded a significant miss of analysts' adjusted operating income estimates and a significant miss of analysts' EPS estimates. UFP Industries had the slowest revenue growth among its peers. The stock is up 1.1% since reporting and currently trades at $105.51. Read our full, actionable report on UFP Industries here, it's free. Market Update The Fed's interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump's presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. 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Yahoo
09-08-2025
- Business
- Yahoo
Tecnoglass Inc (TGLS) Q2 2025 Earnings Call Highlights: Record Revenues and Strategic ...
Release Date: August 07, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Tecnoglass Inc (NYSE:TGLS) reported record total revenues of $255.5 million for Q2 2025, marking a 16.3% year-over-year increase. The company achieved a gross margin of 44.7%, a 400 basis point improvement from the previous year. The backlog reached an all-time high of $1.2 billion, providing strong visibility into future projects. The single-family residential business saw a 14.5% year-over-year revenue growth, driven by geographic expansion and market share gains. Tecnoglass Inc (NYSE:TGLS) successfully completed the acquisition of Continental Glass Systems, enhancing its capabilities in high-end architectural glass solutions. Negative Points The company faced increased SG&A expenses, which rose to 20.8% of total revenues, partly due to aluminum tariffs and acquisition-related costs. There was a pull-forward of $5 to $7 million in residential revenue from Q3 to Q2, which may impact future quarters' revenue recognition. The company is exposed to potential headwinds from commercial construction ramp-up, which could affect margins due to increased installation costs. Tariffs on aluminum and other inputs have impacted costs, although Tecnoglass Inc (NYSE:TGLS) has taken measures to mitigate these effects. The company's guidance suggests potential margin pressure in the second half of the year, despite efforts to offset increased costs. Q & A Highlights Warning! GuruFocus has detected 5 Warning Signs with CTXXF. Q: How much of the revenue pull forward was due to the Section 232 increase in June, and how has this announcement affected customer behavior? A: The pull forward occurred before the announcement, with price increases set for early to mid-May. Most of the pull forward will impact Q3, not Q4. - Santiago Giraldo, CFO Q: Can you provide insights from the feasibility study for the new US manufacturing facility? A: We are in the early stages of planning, but the automation level is promising. We expect to achieve EBITDA levels similar to those in Colombia. An announcement will be made soon. - Chris Dias, COO Q: Regarding the 5 to 7 million pull forward, did it impact Q2 revenue? A: Yes, some of it did impact Q2 as orders were placed ahead of price increases. The calculation includes orders from late April to early May. - Santiago Giraldo, CFO Q: How are you managing margin expectations for the second half of the year? A: We are modeling gross margins in line with year-to-date figures. Commercial construction ramp-up may pose a headwind, but price increases from May will fully impact Q3. - Santiago Giraldo, CFO Q: How are your pricing increases compared to competitors, and are they applied to both residential and commercial sectors? A: Our pricing is in line with competitors, primarily affecting residential. New commercial contracts include updated pricing, with most impact on single-family residential orders post-May. - Santiago Giraldo, CFO Q: What is the status of the new vinyl window product lines? A: New lines are selling in Utah, Nevada, and California. The complete line will be ready by year-end, with a full ramp-up expected next year. - Jose Manuel Dias, CEO Q: What opportunities exist outside of Florida for your products? A: We are expanding our vinyl product line and increasing dealer presence in new markets like Jacksonville and the Panhandle. We have increased our dealer network by 15-20% since year-end. - Jose Manuel Dias, CEO Q: Does the expansion apply to the commercial side of the business as well? A: Yes, we are expanding commercial operations in Tampa, Jacksonville, Georgia, and other states, aiming for nationwide presence. - Jose Manuel Dias, CEO For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Yahoo
23-07-2025
- Business
- Yahoo
G-III, Tecnoglass, MYR Group, Jabil, and Dentsply Sirona Shares Are Soaring, What You Need To Know
What Happened? A number of stocks jumped in the afternoon session after a new trade agreement between the United States and Japan spurred a broad market rally. The positive sentiment swept across markets after it was announced the U.S. and Japan had reached a new trade deal. The agreement included a 15% tariff on Japanese goods imported into the U.S. and a commitment from Japan to invest $550 billion in the U.S. and open its markets to American cars and agricultural products. This development boosted investor confidence and contributed to a widespread rally, lifting stocks across many sectors. The Dow Jones Industrial Average and the S&P 500 both posted gains, creating a favorable environment that likely benefited individual stocks. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Apparel and Accessories company G-III (NASDAQ:GIII) jumped 3.4%. Is now the time to buy G-III? Access our full analysis report here, it's free. Building Materials company Tecnoglass (NYSE:TGLS) jumped 3.2%. Is now the time to buy Tecnoglass? Access our full analysis report here, it's free. Construction and Maintenance Services company MYR Group (NASDAQ:MYRG) jumped 3.1%. Is now the time to buy MYR Group? Access our full analysis report here, it's free. Electronic Components & Manufacturing company Jabil (NYSE:JBL) jumped 3.3%. Is now the time to buy Jabil? Access our full analysis report here, it's free. Dental Equipment & Technology company Dentsply Sirona (NASDAQ:XRAY) jumped 3.2%. Is now the time to buy Dentsply Sirona? Access our full analysis report here, it's free. Zooming In On G-III (GIII) G-III's shares are quite volatile and have had 15 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 6 days ago when the stock gained 3.2% on the news that the second quarter (2025) earnings season got off to a strong start. Quarterly earnings reports released during the week exceeded Wall Street's expectations, fueling investor confidence. Around 50 S&P 500 components reported, with 88% of those exceeding analysts' expectations, FactSet data revealed. Investors were also encouraged by several positive reports that painted a picture of a resilient consumer. One key report revealed that shoppers increased their spending at U.S. retailers more than economists had anticipated. Precisely, retail sales increased 0.6% from May, surpassing the 0.2% estimate. This robust consumer spending is a crucial pillar supporting the economy. Adding to the positive sentiment, the latest data on unemployment claims showed a decrease in the number of workers applying for benefits, signaling that layoffs remain limited and the job market is steady. This combination of strong earnings reports, retail sales, and a solid labor market suggests the economy is navigating challenges successfully. G-III is down 24.2% since the beginning of the year, and at $24.28 per share, it is trading 32.7% below its 52-week high of $36.10 from December 2024. Investors who bought $1,000 worth of G-III's shares 5 years ago would now be looking at an investment worth $2,051. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
Business Upturn
17-07-2025
- Business
- Business Upturn
Tecnoglass Sets Date for Second Quarter 2025 Results
Miami, FL, July 17, 2025 (GLOBE NEWSWIRE) — Tecnoglass, Inc. (NYSE: TGLS) ('Tecnoglass' or the 'Company'), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today announced it will release financial results for the second quarter 2025 before the market opens on Thursday, August 7, 2025. Management will host a webcast and conference call that same day at 10:00 a.m. Eastern time to review the Company's results. Webcast and Conference Call The conference call will be broadcast live over the Internet. Additionally, a slide presentation will accompany the conference call. To listen to the call and view the slides, please visit the Investors section of Tecnoglass' website at Please go to the website at least 15 minutes early to register, download and install any necessary audio software. For those unable to access the webcast, the conference call will be accessible by dialing 1-844-676-5131 (domestic) or 1-412-634-6589 (international). Upon dialing in, please request to join the Tecnoglass Second Quarter 2025 Earnings Conference Call. To listen to a telephonic replay of the conference call, dial toll-free 1-844-512-2921 (domestic) or 1-412-317-6671 (international) and enter pass code 10200906. The playback can be accessed until September 7, 2025. About Tecnoglass Tecnoglass Inc. is a leading producer of high-end aluminum and vinyl windows and architectural glass serving the multi-family, single-family, and commercial end markets. Tecnoglass is the second largest glass fabricator serving the U.S. and the #1 architectural glass transformation company in Latin America. Located in Barranquilla, Colombia, the Company's 5.8 million square foot, vertically integrated, and state-of-the-art manufacturing complex provide efficient access to nearly 1,000 customers in North, Central and South America, with the United States accounting for 95% of total revenues. Tecnoglass' tailored, high-end products are found on some of the world's most distinctive properties, including One Thousand Museum (Miami), Paramount (Miami), Salesforce Tower (San Francisco), Via 57 West (NY), Hub50House (Boston), Aeropuerto Internacional El Dorado (Bogotá), One Plaza (Medellín), Pabellon de Cristal (Barranquilla). For more information, please visit or view our corporate video at Investor Relations: Santiago GiraldoCFO305-503-9062 [email protected]
Yahoo
17-07-2025
- Business
- Yahoo
Tecnoglass Sets Date for Second Quarter 2025 Results
Miami, FL, July 17, 2025 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today announced it will release financial results for the second quarter 2025 before the market opens on Thursday, August 7, 2025. Management will host a webcast and conference call that same day at 10:00 a.m. Eastern time to review the Company's results. Webcast and Conference Call The conference call will be broadcast live over the Internet. Additionally, a slide presentation will accompany the conference call. To listen to the call and view the slides, please visit the Investors section of Tecnoglass' website at Please go to the website at least 15 minutes early to register, download and install any necessary audio software. For those unable to access the webcast, the conference call will be accessible by dialing 1-844-676-5131 (domestic) or 1-412-634-6589 (international). Upon dialing in, please request to join the Tecnoglass Second Quarter 2025 Earnings Conference Call. To listen to a telephonic replay of the conference call, dial toll-free 1-844-512-2921 (domestic) or 1-412-317-6671 (international) and enter pass code 10200906. The playback can be accessed until September 7, 2025. About Tecnoglass Tecnoglass Inc. is a leading producer of high-end aluminum and vinyl windows and architectural glass serving the multi-family, single-family, and commercial end markets. Tecnoglass is the second largest glass fabricator serving the U.S. and the #1 architectural glass transformation company in Latin America. Located in Barranquilla, Colombia, the Company's 5.8 million square foot, vertically integrated, and state-of-the-art manufacturing complex provide efficient access to nearly 1,000 customers in North, Central and South America, with the United States accounting for 95% of total revenues. Tecnoglass' tailored, high-end products are found on some of the world's most distinctive properties, including One Thousand Museum (Miami), Paramount (Miami), Salesforce Tower (San Francisco), Via 57 West (NY), Hub50House (Boston), Aeropuerto Internacional El Dorado (Bogotá), One Plaza (Medellín), Pabellon de Cristal (Barranquilla). For more information, please visit or view our corporate video at Investor Relations: Santiago GiraldoCFO305-503-9062investorrelations@
