Haynes InternationalNASDAQ: HAYN

Haynes International (HAYN) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.68 per share a year ago.

Haynes International (HAYN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

KOKOMO, Ind., June 27, 2024 (GLOBE NEWSWIRE) -- Haynes International, Inc. (NASDAQ GM: HAYN) (the “Company”), a leading developer, manufacturer and marketer of technologically advanced high-performance alloys, is pleased to announce that clearance has been obtained from the Committee on Foreign Investment in the United States (CFIUS) related to the planned merger with North American Stainless, Inc.

Haynes (HAYN) agrees to be acquired by North American Stainless for $970 million, with Acerinox injecting $200M to bolster operations, solidifying their position for long-term success.

Haynes International (HAYN) came out with quarterly earnings of $0.60 per share, missing the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.61 per share a year ago.

KOKOMO, Ind., Jan. 26, 2024 (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, February 9, 2024 to discuss its first quarter fiscal year 2024 financial results for the period ended December 31, 2023. A press release announcing the results will be issued after market close on February 8, 2024. Michael Shor, President and Chief Executive Officer, and Daniel Maudlin, Vice President of Finance and Chief Financial Officer, will host the call and be available to answer questions. To participate, please dial the teleconferencing number shown below five minutes prior to the scheduled conference time.

Haynes International (HAYN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Haynes International has seen a significant backlog increase and expects new cash generation from 2024. Analysts expect positive free cash flow generation in 2024 and 2025, and the company's focus on fuel-efficient aerospace engines and new alloys could lead to increased margins. While there are risks from inventory management, higher raw material prices, and competition, Haynes International appears undervalued.

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