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

GrafTech International

03/11/2023 13:32

* GrafTech International Ltd  EAF.N  reported a quarterly
adjusted
loss of 8 cents​​ per share for the quarter ended in September,
lower than the same quarter last year, when the company reported
EPS of 37 cents.  The mean expectation of three analysts for the
quarter was for a loss of 3 cents per share. Wall Street
expected results to range from -5 cents to -1 cents per share.
    * Revenue fell 47.7% to $158.99 million from a year ago;
analysts
expected $180.00 million. 
    * GrafTech International Ltd's reported EPS for the quarter
was a
loss of 9 cents​.
    * The company reported a quarterly loss of $22.62 million.
    * GrafTech International Ltd shares had fallen by 11.5% this
quarter and lost 28.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 445.5% 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 no "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 $4.00 
This summary was machine generated from LSEG data November 3 at
01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.03          -0.08          Missed
 Jun. 30 2023      -0.01          -0.02          Missed
 Mar. 31 2023      -0.02          -0.02          Met
 Dec. 31 2022      0.22           0.17           Missed