HAYN Stock Recent News

Higher product average selling price per pound drive Haynes International's (HAYN) top line in Q4.

Haynes International, Inc. (NASDAQ:HAYN ) Q4 2023 Earnings Conference Call November 17, 2023 9:00 AM ET Company Participants David Van Bibber - Controller & Chief Accounting Officer Michael Shor - President & CEO Daniel Maudlin - VP, Finance, Treasurer, & CFO Conference Call Participants Mark Reichman - Noble Capital Markets Steve Ferazani - Sidoti Michael Leshock - KeyBanc Capital Markets Richard Evans - Mara River Capital Management Operator Greetings, welcome to the Haynes International Inc. Fourth Quarter Fiscal 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Haynes International (HAYN) came out with quarterly earnings of $1.02 per share, missing the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $1.30 per share a year ago.

Haynes International (HAYN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Haynes International, Inc.'s fiscal 2023 bottom-line earnings growth projections have turned downward, with the latest estimate down over 20% in the past 6+ months. The technical chart shows a significant decline in share price since March, and a bearish trend is evident in the near-term chart. While Haynes has seen improvements in its aerospace segment and backlog, low nickel and cobalt prices are expected to continue impacting earnings growth.

Company to host conference call on August 4, 2023 at 9:00 AM ET KOKOMO, Ind., July 25, 2023 (GLOBE NEWSWIRE) -- Haynes International, Inc. (NASDAQ GM: HAYN) a leading developer, manufacturer and marketer of technologically advanced high performance alloys, announced today that it will host a conference call on Friday, August 4, 2023 to discuss its third quarter financial results for the period ended June 30, 2023.

Haynes International Inc's share price has increased by 55% over the past year, with a record-high order backlog of $446 million. The company's primary markets are the US, Europe, and China. The company's revenue grew by 59% YoY to $190 million, driven by high demand for its diversified products and services. The number of outstanding shares increased by only 1.6% YoY. Despite high material costs affecting margins, Haynes anticipates revenue and earnings growth of 15%-20% in 2023. The company's share price.

Company to host conference call on May 5, 2023 at 9:00 AM ET KOKOMO, Ind., April 25, 2023 (GLOBE NEWSWIRE) -- Haynes International, Inc. (NASDAQ GM: HAYN) a leading developer, manufacturer and marketer of technologically advanced high performance alloys, announced today that it will host a conference call on Friday, May 5, 2023 to discuss its second quarter financial results for the period ended March 31, 2023.

Although Haynes International's earnings missed estimates for once in Q1, the backlog keeps on growing. The cash crunch is a result of rising inventory costs.

Haynes International, Inc. (NASDAQ:HAYN ) Q1 2023 Earnings Conference Call February 3, 2023 9:00 AM ET Company Participants David Van Bibber - Controller & Chief Accounting Officer Michael L. Shor - President & CEO Daniel W.