GrafTech Estimates FY23 Sales Volume Of 95K MT-105K MT, Down From Previous Estimate Of 100K MT-115K MT; For Q3 FY23 Sales Volume Is Expected To Be Broadly In Line With Q2 Of 2023
Portfolio Pulse from Benzinga Newsdesk
GrafTech has revised its FY23 sales volume estimate downwards from 100K MT-115K MT to 95K MT-105K MT. The company expects Q3 FY23 sales volume to be broadly in line with Q2 of 2023.
August 04, 2023 | 3:03 pm
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NEGATIVE IMPACT
GrafTech's lower sales volume estimate for FY23 may negatively impact its stock price in the short term.
GrafTech's downward revision of its FY23 sales volume estimate indicates potential challenges in its sales performance, which could negatively impact investor sentiment and lead to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100