AdvanSix beats Q1 expectations, shares dip slightly

Published 02/05/2025, 11:50
AdvanSix beats Q1 expectations, shares dip slightly

NEW YORK - On Friday, AdvanSix Inc . (NYSE:ASIX) reported first quarter 2025 results that exceeded analyst expectations, driven by improved operational performance and strength in its plant nutrients business.

The company’s shares slipped -0.94% in premarket trading following the announcement.

The diversified chemistry company posted adjusted earnings per share of $0.93, beating the analyst consensus of $0.87. Revenue came in at $378 million, surpassing estimates of $367 million and rising 12% YoY.

AdvanSix’s sales volume increased approximately 7%, primarily due to improved performance following operational disruptions in the prior year period. Market-based pricing was favorable by 4%, led by continued strength in plant nutrients reflecting favorable North American ammonium sulfate supply and demand conditions.

"Our significantly improved first quarter results demonstrate our commitment to execute in an evolving macroeconomic environment as we delivered operational performance to meet our customers’ needs," said Erin Kane, president and CEO of AdvanSix.

The company’s adjusted EBITDA jumped to $51.6 million from just $595,000 in the year-ago quarter. This substantial increase was primarily driven by improved operational performance, higher volume, and $26 million of insurance proceeds, partially offset by unfavorable net pricing over raw materials.

Looking ahead, AdvanSix expects strong sulfur nutrition demand and tight North American ammonium sulfate supply to support sulfur premiums at or near the high end of the historical range. However, the company anticipates higher raw material prices to impact fertilizer margins.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.