Pyxus International (OTCMKTS:PYYX) Announces Quarterly Earnings Results

Pyxus International (OTCMKTS:PYYX) announced its quarterly earnings data on Thursday. The company reported $0.16 EPS for the quarter, Zacks reports. Pyxus International had a net margin of 0.99% and a return on equity of 13.69%. The company had revenue of $534.42 million for the quarter.

Here are the key takeaways from Pyxus International’s conference call:

• Pyxus reaffirmed fiscal 2027 sales guidance of $2.3 billion–$2.5 billion and tightened its Adjusted EBITDA guidance to $215 million–$235 million. Nearly 95% of processed inventory is committed, supporting management’s expectation of a significantly heavier second half.
• First-half sales fell to $972 million from $1.079 billion and Adjusted EBITDA declined to $71 million from $84 million, primarily because shipment timing and lower third-party processing shifted activity into the second half. However, leaf gross profit per kilo rose to $0.89 from $0.82, and leaf gross margin improved to 14.4% from 13.5%.
• Cash generation improved: trailing 12-month Adjusted Free Cash Flow was $8.4 million versus cash usage of $141.5 million a year earlier, while free cash flow before working-capital changes increased to $27 million from $14 million. Leverage also improved to 5.86 turns from 6.54 turns.
• Global shipping constraints and power disruptions in Malawi delayed shipments and processing, contributing to a concentrated second-half workload. Management said it is confident in the plan, but its outlook depends on executing those delayed shipments and converting working capital to cash.
• The company announced an agreement supporting a capital-structure transaction intended to strengthen its balance sheet, extend maturities, and improve financial flexibility. Specific terms were not discussed on the call, with further details expected when the transaction formally launches.

Pyxus International Stock Down 2.0%

Pyxus International stock traded down $0.05 during trading hours on Friday, hitting $2.40. The stock had a trading volume of 62,061 shares, compared to its average volume of 734. The stock’s 50-day moving average price is $2.82 and its 200-day moving average price is $3.00. The stock has a market capitalization of $59.06 million, a P/E ratio of 2.22 and a beta of 0.57. Pyxus International has a 12-month low of $2.00 and a 12-month high of $4.43. The company has a quick ratio of 0.43, a current ratio of 1.31 and a debt-to-equity ratio of 2.61.

About Pyxus International

Pyxus International, Inc is an international agricultural company focused primarily on the sourcing, processing and distribution of tobacco leaf. Through its operations and supply-chain relationships, the company provides tobacco products and related services to cigarette and other tobacco-product manufacturers.

The company works with tobacco growers and suppliers in major producing regions and operates a global network of procurement, processing and logistics activities. Its offerings have included flue-cured, burley and oriental tobacco, as well as other leaf products tailored to the specifications of tobacco manufacturers.