Caesarstone (NASDAQ:CSTE - Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.17) per share for the quarter. Parties interested in participating in the company's conference call can do so using this link.
Caesarstone (NASDAQ:CSTE - Get Free Report) last announced its earnings results on Wednesday, February 21st. The construction company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.02). Caesarstone had a negative return on equity of 12.71% and a negative net margin of 19.05%. The business had revenue of $128.53 million for the quarter, compared to analyst estimates of $124.94 million. During the same quarter in the previous year, the company posted ($0.03) EPS. On average, analysts expect Caesarstone to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Caesarstone Price Performance
CSTE remained flat at $6.31 during trading hours on Wednesday. 42,623 shares of the company traded hands, compared to its average volume of 73,978. Caesarstone has a fifty-two week low of $3.50 and a fifty-two week high of $6.81. The firm has a fifty day moving average price of $4.72 and a 200-day moving average price of $4.26. The company has a market capitalization of $217.88 million, a PE ratio of -2.02 and a beta of 0.40. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.51 and a current ratio of 2.64.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut shares of Caesarstone from a "buy" rating to a "hold" rating in a report on Thursday, February 22nd.
Check Out Our Latest Analysis on CSTE
About Caesarstone
(
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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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