On August 7, Amrize Ltd declined 8.55% overnight, trading at $46.84/share, with turnover of $283,500. The selloff was triggered by the company's Q2 earnings miss and a downward revision to full-year profit guidance.
Amrize reported Q2 adjusted EPS of $0.88, missing the analyst consensus of $0.94 by 6.38%. While revenue of $3.494 billion beat the $3.365 billion estimate, adjusted EBITDA came in at $986 million, approximately 2% below market consensus. The shortfall was primarily driven by margin compression in the building materials segment, where oil price-driven cost inflation weighed on profitability. The company simultaneously lowered its full-year adjusted EBITDA guidance from $32.5-$33.4 billion to $31-$32 billion, further undermining investor confidence. Analysts noted that pricing adjustment lag effects are expected to continue pressuring margins in the second half. The company did raise its revenue guidance to $12.5-$12.7 billion from a prior range of $12.29-$12.52 billion, but the profit outlook deterioration dominated sentiment.
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