Ferroglobe PLC reports results for the quarter ended in June - Earnings Summary

Ferroglobe

16/08/2022 24:12

* Ferroglobe PLC  GSM.OQ  reported quarterly adjusted
earnings of
$1.14​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for earnings of 84 cents
per share.
    * Revenue rose 100.9% to $840.81 million from a year ago;
analysts
expected $738.10 million. 
    * Ferroglobe PLC's reported EPS for the quarter was 98
cents​.
    * The mean earnings estimate of analysts had risen by
about 23.5%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Ferroglobe PLC shares had risen by 15.2% this quarter and
gained 10.1% so far this year.
    * The company reported quarterly net income of $185.32
million.
    * Wall Street's median 12-month price target for Ferroglobe
PLC is
$14.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 15
at 11:11 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.84           1.14           Beat
 Mar. 31 2022      0.73           0.88           Beat
 Dec. 31 2021      0.31           0.23           Missed