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

Ferroglobe

15/05/2024 24:32

* Ferroglobe PLC  GSM.OQ  reported quarterly breakeven
results​​
per share for the quarter ended in March, lower than the same
quarter last year, when the company reported EPS of 5 cents. 
The mean expectation of two analysts for the quarter was for a
loss of 2 cents per share. 
    * Revenue fell 2.2% to $391.85 million from a year ago;
analysts
expected $343.45 million. 
    * Ferroglobe PLC's reported EPS for the quarter was a loss
of 1
cent​.
    * The company reported a quarterly loss of $2.02 million.
    * Ferroglobe PLC shares had risen by 9.4% this quarter and
lost 16.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the specialty
mining &
metals peer group is also "buy"

Wall Street's median 12-month price target for Ferroglobe PLC is
$10.00 
This summary was machine generated from LSEG data May 14 at
11:32 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      -0.02          0.00           Beat
 Dec. 31 2023      0.02           0.09           Beat
 Sep. 30 2023      0.19           0.27           Beat
 Jun. 30 2023      0.12           0.30           Beat