GrafTech International Q2 2024 Adj EPS $(0.05) Beats $(0.10) Estimate, Sales $137.327M Beat $126.321M Estimate
Portfolio Pulse from Benzinga Newsdesk
GrafTech International reported Q2 2024 adjusted EPS of $(0.05), beating the estimate of $(0.10). Sales were $137.327 million, surpassing the expected $126.321 million.
July 26, 2024 | 10:41 am
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GrafTech International's Q2 2024 results exceeded expectations with an adjusted EPS of $(0.05) compared to the $(0.10) estimate and sales of $137.327 million versus the $126.321 million estimate.
The better-than-expected earnings and sales figures are likely to positively impact GrafTech International's stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a stock price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100