Caesarstone Ltd. (NASDAQ:CSTE) is expected to report third quarter earnings results, before market open, on Wednesday 4th November 2020.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 550.00 million ~ $ 570.00 million
Click Here For More Historical Outlooks Of Caesarstone Ltd.
Previous Quarter Performance
Caesarstone Ltd. recorded loss for the second quarter of $ 0.10 per share, from the revenue of $ 99.04 million. The consensus estimates are loss of $ 0.18 per share from $ 102.55 million in revenue. The bottom line results beat street analysts by $ 0.08 or 44.44 percent, at the same time, top line results fell short of analysts by $ 3.51 million or 3.42 percent.
Stock Performance
Shares of Caesarstone Ltd. traded low $ -0.15 or -1.49 percent on Tuesday, reaching $ 9.95 with volume of 104.80 thousand shares. Caesarstone Ltd. has traded high as $ 10.34 and has cracked $ 9.90 on the downward trend
According to the previous trading day, closing price of $ 9.95, representing a 32.03 % increase from the 52 week low of $ 7.65 and a 40.41 % decrease over the 52 week high of $ 16.95.
The company has a market capital of $ 342.63 million and is part of the Basic Materials sector and Building Materials industry.
Conference Call
Caesarstone Ltd. will be hosting a conference call at 8:30 AM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website ir.caesarstone.com/investor-relations
Caesarstone Ltd., together with its subsidiaries, manufactures and sells engineered quartz surfaces under the Caesarstone brand in the United States, Australia, Canada, Israel, Europe, and internationally. Its engineered quartz slabs are used as countertops in residential kitchens, as well as serve the renovation and remodeling market. The companys products are also used in other applications, such as vanity tops, wall panels, back splashes, floor tiles, stairs, and other interior surfaces that are used in various residential and non-residential applications.
