GrafTech International Q2 Adjusted EPS $(0.02) Misses $(0.01) Estimate, Sales $185.56M Beat $179.54M Estimate
Portfolio Pulse from Benzinga Newsdesk
GrafTech International (NYSE:EAF) reported Q2 losses of $(0.02) per share, missing the analyst consensus estimate of $(0.01) by 100%. This is a 104.55% decrease from the same period last year. However, the company's quarterly sales of $185.56 million beat the analyst consensus estimate of $179.54 million by 3.35%, despite being a 48.97% decrease from last year.
August 04, 2023 | 3:01 pm
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GrafTech International's Q2 earnings per share missed estimates by 100%, while sales beat estimates by 3.35%. This mixed result could lead to uncertainty in the market.
GrafTech's earnings per share missed estimates significantly, which could negatively impact the stock price. However, the company's sales beat estimates, which could offset some of the negative impact. The mixed results could lead to uncertainty in the market, making it difficult to predict the short-term price direction.
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