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

Ferroglobe

10/05/2023 15:59

* Ferroglobe PLC  GSM.OQ  reported quarterly adjusted
earnings of
5 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
4 cents per share.
    * Revenue fell 44% to $400.87 million from a year ago;
analysts
expected $399.95 million. 
    * Ferroglobe PLC's reported EPS for the quarter was 11
cents​.
    * The mean earnings estimate of analysts had fallen by
about 81.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Ferroglobe PLC shares had fallen by 14.2% this quarter and
gained 10.1% so far this year.
    * The company reported quarterly net income of $20.99
million.
    * Wall Street's median 12-month price target for Ferroglobe
PLC is
$12.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
10 at 02:59 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.04           0.05           Beat
 Dec. 31 2022      0.21           0.42           Beat
 Sep. 30 2022      0.68           0.64           Missed
 Jun. 30 2022      0.84           1.14           Beat