Brief: Caesarstone Reports Q1 Adjusted Earnings Per Share Of $0.10

Caesarstone

09/05/2018 11:33

May 9 (Reuters) - Caesarstone Ltd  CSTE.O :
    * CAESARSTONE REPORTS FIRST QUARTER 2018 RESULTS
    * Q1 ADJUSTED EARNINGS PER SHARE $0.10
    * Q1 EARNINGS PER SHARE $0.05
    * Q1 EARNINGS PER SHARE VIEW $0.20 -- THOMSON REUTERS
I/B/E/S
    * REDUCES FULL YEAR 2018 REVENUE AND ADJUSTED EBITDA
GUIDANCE
    * SEES FY 2018 REVENUE $590 MILLION TO $610 MILLION
    * Q1 REVENUE $136.1 MILLION VERSUS I/B/E/S VIEW $141.5
MILLION
    * QTRLY GROSS MARGIN WAS 25.2% COMPARED TO 36.1% IN THE SAME
PERIOD IN THE PRIOR YEAR
    * EXPECTS FULL YEAR 2018 ADJUSTED EBITDA IN THE RANGE OF $74
MILLION TO $82 MILLION
    * FY2018 REVENUE VIEW $621.7 MILLION -- THOMSON REUTERS
I/B/E/S

Source text for Eikon:  ID:nBw9FMqrqa 
Further company coverage:  CSTE.O 

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