Is CIX's EPS showing growth in recent quarters?
4/4/2025 07:40pm
**CompX International Inc. (CIX) has not demonstrated EPS growth in recent quarters.** In fact, the EPS has shown a decline in the most recent quarter ending in Q4 2024.
1. **Current EPS**: The most recent EPS data available is from the fourth quarter of 2024, where the company reported an EPS of $0.54 per share.
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|CIX|CIX.A|CompX International|2024 Q1|-36.734693877551024|0.31|170|
|CIX|CIX.A|CompX International|2024 Q2|18.18181818181818|0.39|170|
|CIX|CIX.A|CompX International|2024 Q3|-40.42553191489361|0.28|170|
2. **Trend Analysis**:
- In Q4 2024, CompX International saw a decline in EPS from $0.54 to $0.37 compared to the same period in the previous year.
- The annual performance reveals similar weakness, with a decrease in EPS from $1.68 in 2023 to $1.35 in 2024.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|CIX|CIX.A|CompX International|2024 Q1|-7.727637238463221|3.7971E7|170|
|CIX|CIX.A|CompX International|2024 Q2|-1.9909329254970507|3.5887E7|170|
|CIX|CIX.A|CompX International|2024 Q3|-16.572915376037667|3.3667E7|170|
|CIX|CIX.A|CompX International|2024 Q4|-11.001969187999537|3.8416E7|170|
3. **Revenue and Profitability**: The decline in EPS is part of a broader trend of declining financial performance. Net sales dropped 11.1% year-over-year to $38.4 million, and operating income fell by 33.8% to $4.9 million. Net income also decreased to $4.5 million ($0.37 per share) from $6.7 million ($0.54 per share) in the same quarter of the previous year.
4. **Segment Performance**: The decline in EPS is primarily attributed to reduced sales in the Security Products segment, particularly lower sales to a government security customer. This was partially offset by stronger sales in the Marine Components segment. However, the overall decline in profitability indicates a challenging period for the company.
In conclusion, CompX International's EPS has not shown growth in recent quarters and has, in fact, experienced a decline, which is a concern for investors regarding the company's financial health and its ability to generate earnings per share in the face of declining revenues and profitability.