Caesarstone (CSTE) Expected to Announce Earnings on Wednesday

Caesarstone (NASDAQ:CSTE - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 7th. Analysts expect the company to announce earnings of ($0.32) per share and revenue of $97.00 million for the quarter.

Caesarstone (NASDAQ:CSTE - Get Free Report) last announced its quarterly earnings results on Wednesday, March 5th. The construction company reported ($0.35) EPS for the quarter, missing the consensus estimate of ($0.23) by ($0.12). Caesarstone had a negative net margin of 14.56% and a negative return on equity of 9.61%. The firm had revenue of $97.86 million during the quarter, compared to the consensus estimate of $99.40 million. During the same period in the previous year, the business earned ($0.28) earnings per share.

Caesarstone Stock Performance

Shares of NASDAQ:CSTE opened at $2.80 on Wednesday. The firm has a fifty day moving average of $2.97 and a 200 day moving average of $3.85. Caesarstone has a 52-week low of $2.25 and a 52-week high of $6.75. The firm has a market capitalization of $96.74 million, a PE ratio of -1.39 and a beta of 0.28.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Caesarstone in a report on Tuesday, March 11th. They set a "hold" rating on the stock.

Caesarstone Company Profile

Caesarstone Ltd., together with its subsidiaries, designs, develops, manufactures, and markets engineered stone and other materials under the Caesarstone brand in the United States, Canada, Latin America, Australia, Asia, Europe, the Middle East and Africa, and Israel. The company's engineered stone slabs are primarily used as indoor and outdoor kitchen countertops in the renovation and remodeling, and residential construction sectors.

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