Brief: Caesarstone Reports Q4 Earnings Per Share Of $0.04

Caesarstone

06/02/2019 12:04

Feb 6 (Reuters) - Caesarstone Ltd  CSTE.O :
    * CAESARSTONE REPORTS 2018 FOURTH QUARTER AND FULL YEAR
FINANCIAL
RESULTS
    * Q4 ADJUSTED EARNINGS PER SHARE $0.20
    * Q4 EARNINGS PER SHARE $0.04
    * SEES FY 2019 REVENUE $580 MILLION TO $600 MILLION
    * Q4 REVENUE $142.9 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$141.2 MILLION
    * Q4 EARNINGS PER SHARE ESTIMATE $0.19 -- REFINITIV IBES
DATA
    * ANTICIPATES 2019 ADJUSTED EBITDA TO BE IN RANGE OF $72
MILLION
TO $80 MILLION
    * EXPECTS SOFTER MARKET CONDITIONS AND A COMPETITIVE
ENVIRONMENT
TO PERSIST IN MANY OF ITS REGIONS IN 2019, PARTICULARLY IN Q1
    * COMPANY EXPECTS TO SHOW IMPROVEMENT IN KEY METRICS
BEGINNING IN
SECOND HALF OF 2019
    * EXPECTS TO SHOW IMPROVEMENT IN KEY METRICS BEGINNING IN
SECOND
HALF OF 2019
    * FY2019 REVENUE VIEW $588.8 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw7l9QCba 
Further company coverage:  CSTE.O 

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