Core Molding Technologies reported 1Q26 results showing pressured trucking revenues offset by strength in industrial, EV, and BESS segments. CMT maintains robust gross margins (~20%) and expects 17–19% for the year, with adjusted operating income potentially reaching $20 million in 2026. Management anticipates a trucking cycle recovery and sales upside from the expanded Matamoros facility in 2H26, but near-term revenue growth remains muted.
Core Molding Technologies, Inc. (CMT) Q1 2026 Earnings Call Transcript
Core Molding Technologies (CMT) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.25 per share a year ago.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 3 | $45.6 | $73.8 | $28.2 | 61.84% |
| KAC Kimberly A. Clarke Stoneridge Investment Partners LLC | 14,506 | $251,467.98 | $357,282.78 | $105,814.8 | 42.08% |
Joseph Castro Nuveen LLC | 16,950 | $258,784.6 | $416,122.5 | $157,337.9 | 60.8% |
Jennifer Grunberg Allspring Global Investments Holdings LLC | 108,557 | $2.12M | $2.69M | $572,146.51 | 27.03% |
| MJ Michelle Johnston 1620 INVESTMENT ADVISORS Inc. | 293 | $4,670.42 | $7,283.98 | $2,613.56 | 55.96% |
| Specialty Retail Industry | Consumer Discretionary Sector | David L. Duvall CEO | AMEX Exchange | 218683100 CUSIP |
| US Country | 1,239 Employees | 31 May 2018 Last Dividend | 7 Nov 2013 Last Split | 16 Sep 1988 IPO Date |
Core Molding Technologies, Inc., operating with its subsidiaries, is a prominent molder of thermoplastic and thermoset structural products. Initially established as Core Materials Corporation, it underwent a name change to Core Molding Technologies, Inc. in August 2002 to better reflect its comprehensive capabilities in molding technologies. Since its incorporation in 1996, the company has made a mark in the industry with its innovative approach towards manufacturing processes and its broad market reach. Headquartered in Columbus, Ohio, Core Molding Technologies serves a diverse array of markets including medium and heavy-duty truck, automotive, power sport, construction, building products, industrial, utilities, and additional commercial markets not only within the United States but also expanding to Mexico, Canada, and other international locations.
Core Molding Technologies offers an extensive range of manufacturing processes catering to the diverse needs of several industries: