GrafTech International Ltd reports results for the quarter ended in June - Earnings Summary

GrafTech International

26/07/2024 14:51

* GrafTech International Ltd  EAF.N  reported a quarterly
adjusted
loss of 5 cents​​ per share for the quarter ended in June, lower
than the same quarter last year, when the company reported EPS
of -2 cents.  The mean expectation of five analysts for the
quarter was for a loss of 10 cents per share. Wall Street
expected results to range from -12 cents to -6 cents per share.
    * Revenue fell 26% to $137.33 million from a year ago;
analysts
expected $126.32 million. 
    * GrafTech International Ltd's reported EPS for the quarter
was a
loss of 6 cents​.
    * The company reported a quarterly loss of $14.75 million.
    * GrafTech International Ltd shares had fallen by 13.1% this
quarter and lost 61.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 12.7%
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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the electrical
components & equipment peer group is also "hold"

Wall Street's median 12-month price target for GrafTech
International Ltd is $1.60 
This summary was machine generated from LSEG data July 26 at
01:51 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
 Jun. 30 2024      -0.10          -0.05          Beat
 Mar. 31 2024      -0.13          -0.10          Beat
 Dec. 31 2023      -0.12          -0.27          Missed
 Sep. 30 2023      -0.03          -0.08          Missed