What To Expect From Constellium N.V. ($CSTM) 3Q20 Earnings

Constellium N.V. (NYSE:CSTM) is reporting third quarter earnings results on Tuesday 27th October 2020, before market open.

The consensus estimates from Thomson Reuters are loss of $ 0.03 per share from $ 1368.65 million in revenue.

For the full year, analysts predict revenues of $ 5631.50 million, while looking forward to loss of $ 0.62 per share.

Previous Quarter Performance

Constellium N.V. communicated loss for the second quarter of $ 0.15 per share, from the revenue of $ 1,135.00 million. The quarterly revenues reduced 33.51 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.20 per share from $ 1219.56 million in revenue. The bottom line results beat street analysts by $ 0.05 or 25.00 percent, at the same time, top line results fell short of analysts by $ 84.56 million or 6.93 percent.

Stock Performance

Shares of Constellium N.V. traded low $ -0.06 or -0.60 percent on Friday, reaching $ 10.00 with volume of 1.05 million shares. Constellium N.V. has traded high as $ 10.71 and has cracked $ 9.95 on the downward trend

According to the previous trading day, closing price of $ 10.00, representing a 157.95 % increase from the 52 week low of $ 3.90 and a 33.38 % decrease over the 52 week high of $ 15.10.

The company has a market capital of $ 1.38 billion and is part of the Basic Materials sector and Aluminum industry.

Conference Call

Constellium N.V. will be hosting a conference call at 10:00 AM eastern time on 27th October 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 www.constellium.com

Constellium N.V. engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the aerospace, packaging, and automotive end-markets. The company operates in three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry.

error: Content is protected !!
Exit mobile version