Core Molding Technologies Q4 sales rise, helped by SMC launch

Core Molding Technologies

10/03/2026 12:15

Overview

Engineered materials firm's Q4 net sales rose 19.5% yr/yr

Fiscal 2025 revenue declined 9.5%, primarily due to Truck sector weakness

Company plans Mexico expansion, aiming for $150 mln in incremental revenue over the next several years

Outlook

Core Molding expects 2026 sales to be flat to up 5% compared to 2025

Company plans to expand Matamoros facility and open Monterrey plant in 2026

Core Molding projects over $300 mln in revenue by 2027

Result Drivers

NEW BUSINESS WINS - Core Molding secured $63 mln in new business, with over 65% outside their largest markets, Truck and Powersports

SMC LAUNCH - Launched proprietary sheet molding compound into Building Products, generating close to $10 mln in revenue

Company press release: ID:nGNX7rPw14

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$74.70 mln
$66.44 mln (1 Analyst)
Q4 Net Income
Beat
$3.10 mln
$1.96 mln (1 Analyst)
Q4 Adjusted EBITDA
Beat
$7.60 mln
$7.09 mln (1 Analyst)
Q4 Operating Income
Beat
$3.60 mln
$2.33 mln (1 Analyst)

Analyst Coverage

The one available analyst rating on the shares is "buy"

Wall Street's median 12-month price target for Core Molding Technologies Inc is $22.00, about 21.9% above its March 9 closing price of $18.05

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)