GrafTech Q3 loss widens, impacted by Monterrey facility closure charges

GrafTech International

23/10/2026 11:51

Overview
US graphite electrode maker's Q3 sales fell 3% yr/yr but beat analyst expectations
Company posted wider net loss, impacted by Monterrey facility closure charges
Company expects higher realized pricing in Q4 and 2027

Outlook
GrafTech maintains expectation for 5–10% y/y increase in 2026 sales volume
Company anticipates mid-single-digit percentage increase in Q4 realized pricing versus Q3
GrafTech continues to anticipate 2026 capital expenditures of about $35 mln

Result Drivers
LOWER PRICING - Co said Q3 sales decline was mainly due to lower weighted-average realized pricing
MONTERREY CLOSURE - Co said Monterrey facility closure aimed to reduce costs and align capacity with demand
COST REDUCTION - Co said ongoing cost reduction initiatives partially offset pricing pressures

Company press release: ID:nBw76dC45a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$140.16 mln
$127 mln (3 Analysts)
Q3 Adjusted Loss Per Share
Beat
$1.21
$1.34 (2 Analysts)
Q3 Loss Per Share
 
$1.76
 
Q3 Adjusted Net Loss
Beat
$32.11 mln
$37 mln (1 Analyst)
Q3 Net Loss
 
$46.77 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the electrical components & equipment peer group is "buy."
Wall Street's median 12-month price target for GrafTech International Ltd is $7.25, about 2.7% below its October 22 closing price of $7.45

Reuters Recommended Reads
Oct 22 - Insteel's Q4 profit declines as rising costs outweigh higher selling prices, shipments
Oct 20 - 3M tops Q3 adjusted EPS estimates, raises guidance
Oct 22 - Alloys maker Carpenter Technology's Q1 sales rise less than expected

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)