Ferroglobe Q4 2023 Adj EPS $0.09 Beats $0.02 Estimate, Sales $375.95M Beat $318.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ferroglobe (NASDAQ:GSM) reported Q4 2023 adjusted EPS of $0.09, surpassing the $0.02 estimate, with sales of $375.95M exceeding the $318.80M forecast. This represents a 16.20% decrease in sales compared to the same period last year.
February 21, 2024 | 10:01 pm
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Ferroglobe reported a significant beat on both EPS and sales estimates for Q4 2023, with adjusted EPS at $0.09 against a $0.02 estimate and sales of $375.95M surpassing the $318.80M forecast.
Beating both EPS and sales estimates significantly indicates strong operational performance and efficiency, likely leading to positive investor sentiment and potential short-term stock price appreciation.
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