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GrafTech International (EAF) Reports Q3 Loss, Tops Revenue Estimates
EAFGrafTech International(EAF) ZACKS·2024-11-12 13:51

Group 1 - GrafTech International reported a quarterly loss of 0.13pershare,slightlybetterthantheZacksConsensusEstimateofalossof0.13 per share, slightly better than the Zacks Consensus Estimate of a loss of 0.14, but worse than a loss of 0.08pershareayearago,indicatinga62.50.08 per share a year ago, indicating a 62.5% increase in loss year-over-year [1] - The company posted revenues of 130.65 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.96%, but down from 158.99millioninthesamequarterlastyear[2]GrafTechhassurpassedconsensusEPSestimatesthreetimesoverthelastfourquarters,indicatingsomevolatilityinearningsperformance[2]Group2Thestockhasunderperformedthemarket,losingabout5.5158.99 million in the same quarter last year [2] - GrafTech has surpassed consensus EPS estimates three times over the last four quarters, indicating some volatility in earnings performance [2] Group 2 - The stock has underperformed the market, losing about 5.5% since the beginning of the year, while the S&P 500 has gained 25.8% [3] - The current consensus EPS estimate for the coming quarter is -0.13 on revenues of 132.7million,and132.7 million, and -0.43 on revenues of $534.75 million for the current fiscal year [7] - The Zacks Industry Rank for Metal Products - Procurement and Fabrication is in the top 29% of over 250 Zacks industries, suggesting a favorable industry outlook [8]