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Caesarstone (CSTE) to Release Earnings on Wednesday

Caesarstone logo with Construction background

Caesarstone (NASDAQ:CSTE - Get Free Report) is scheduled to post its quarterly earnings results before the market opens on Wednesday, November 13th. Individual interested in registering for the company's earnings conference call can do so using this link.

Caesarstone (NASDAQ:CSTE - Get Free Report) last announced its quarterly earnings data on Wednesday, August 7th. The construction company reported ($0.15) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.02). The firm had revenue of $119.43 million during the quarter, compared to analyst estimates of $123.85 million. Caesarstone had a negative net margin of 12.91% and a negative return on equity of 8.21%.

Caesarstone Trading Up 11.0 %

Shares of CSTE stock traded up $0.43 during mid-day trading on Wednesday, reaching $4.35. The stock had a trading volume of 98,267 shares, compared to its average volume of 83,546. The business's fifty day moving average is $4.51 and its 200-day moving average is $5.19. The firm has a market cap of $150.21 million, a price-to-earnings ratio of -2.27 and a beta of 0.14. Caesarstone has a 1-year low of $3.50 and a 1-year high of $6.81.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. StockNews.com raised Caesarstone from a "hold" rating to a "buy" rating in a report on Friday, September 20th. Benchmark lowered their target price on Caesarstone from $8.00 to $6.00 and set a "buy" rating on the stock in a research note on Thursday, August 8th.

View Our Latest Research Report on CSTE

Caesarstone Company Profile

(Get Free Report)

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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Earnings History for Caesarstone (NASDAQ:CSTE)

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