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

Ferroglobe

19/02/2024 22:15

* Ferroglobe PLC  GSM.OQ   GSM.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The London United Kingdom-based   company is expected to
report
a 28.9% decrease in revenue to $318.8 million from $448.63
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
earnings
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 $5.32. ​​​

This summary was machine generated February 19 at 22:15 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)