GrafTech International Ltd. (NYSE:EAF) is reporting third quarter earnings results on Tuesday 3rd November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.35 per share.
For the full year, analysts predict revenues of $ 1157.34 million, while looking forward to income of $ 1.53 per share.
Previous Quarter Performance
GrafTech International Ltd. posted income for the second quarter of $ 0.35 per share, from the revenue of $ 280.72 million. The quarterly earnings shrunk 48.53 percent while revenues dropped 41.56 percent compared with the same quarter last year.
According to street consensus, EAF was expected to report 2Q20 income of $ 0.22 per share from revenue of $ 226.33 million. The bottom line results beat street analysts by $ 0.13 or 59.09 percent, at the same time, top line results outshined analysts by $ 54.39 million or 24.03 percent.
Stock Performance
Shares of GrafTech International Ltd. traded up $ 0.11 or 1.63 percent on Monday, reaching $ 6.86 with volume of 840.90 thousand shares. GrafTech International Ltd. has traded high as $ 7.02 and has cracked $ 6.78 on the downward trend
The closing price of $ 6.86, representing a 21.40 % increase from the 52 week low of $ 5.56 and a 54.51 % decrease over the 52 week high of $ 14.84.
The company has a market capital of $ 1.83 billion and is part of the Industrials sector and Diversified Industrials industry.
Recent Stock Dividend Announcement
On August 5, 2020, the board of directors authorized quarterly dividend of $ 0.01 per share to holders of record as of the close of business on August 31, 2020, with payment date of September 30, 2020 and ex-dividend date on August 28, 2020.
Conference Call
GrafTech International Ltd. will be hosting a conference call at 10:00 AM eastern time on 3rd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.graftech.com
GrafTech International Ltd. researches, develops, manufactures, and sells graphite and carbon based products worldwide. It offers graphite electrodes, which requires for the production of electric arc furnace steel, ferrous, and non-ferrous metals; and petroleum needle coke, a crystalline form of carbon used in the production of graphite electrodes.
