GrafTech International Ltd reports results for the quarter ended September 30 - Earnings Summary

Reuters
12 Nov 2024

* GrafTech International Ltd reported a quarterly adjusted loss of 13 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -8 cents. The mean expectation of five analysts for the quarter was for a loss of 9 cents per share. Wall Street expected results to range from -12 cents to -7 cents per share.

* Revenue fell 17.8% to $130.65 million from a year ago; analysts expected $128.63 million.

* GrafTech International Ltd's reported EPS for the quarter was a loss of 14 cents​.

* The company reported a quarterly loss of $36.07 million.

* GrafTech International Ltd shares had risen by 56.8% this quarter and lost 5.5% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 20.3% 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 1.25 This summary was machine generated from LSEG data November 12 at 03:31 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

Sep. 30 2024 -0.09 -0.13 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

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