Core Molding Technologies (CMT) Q1 Earnings and Revenues Lag Estimates

Company Performance - Core Molding Technologies (CMT) reported quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.33 per share, and down from $0.43 per share a year ago, representing an earnings surprise of -24.24% [1] - The company posted revenues of $61.45 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 10.24%, and down from $78.15 million year-over-year [2] - Over the last four quarters, CMT has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - CMT shares have declined approximately 6.8% since the beginning of the year, compared to a decline of -4.3% for the S&P 500 [3] - The current consensus EPS estimate for the coming quarter is $0.60 on revenues of $80.46 million, and for the current fiscal year, it is $1.72 on revenues of $302.57 million [7] Industry Outlook - The Rubber - Plastics industry, to which CMT belongs, is currently ranked in the top 38% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry performance can significantly impact stock performance [5][8]