Manny Stoupakis's questions to Ameramex International (AMMX) leadership • Q2 2024
Question
Manny Stoupakis inquired about AmeraMex's forward outlook, asking for guidance on Q3 revenue trends, the sustainability of the high-margin profile seen in Q2, the reasonableness of projecting specific quarterly revenue and EPS figures, and whether forward-looking visibility has improved beyond a single quarter.
Answer
CEO Lee Hamre responded that he expects Q3 revenue to be better than Q2 based on current business activity. He explained that while profit margins depend on acquiring used equipment at favorable prices, he anticipates Q3 margins could be equal to or better than Q2. Hamre confirmed the analyst's projection of $3.5M-$4M in quarterly revenue and $0.05-$0.07 in EPS is possible if trends continue, but noted that visibility remains limited due to uncertainty around the upcoming election.