Ferroglobe PLC expected to post a loss of 2 cents a share - Earnings Preview

Ferroglobe

07/05/2024 19:58

* Ferroglobe PLC  GSM.OQ   GSM.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 9 (estimated)
for the period ending March 31 2024
    * The London United Kingdom-based   company is expected to
report
a 14.3% decrease in revenue to $343.45 million from $400.87
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Ferroglobe PLC is for a
loss
of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ferroglobe
PLC is
$10.00​, above​ its last closing price of $5.43. ​​​

This summary was machine generated May 7 at 18:58 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)