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Caesarstone (CSTE) reports lower-than-expected Q2 results on the back of lower revenues and higher operating expenses.
CaesarStone (CSTE) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of $0.04. This compares to earnings of $0.14 per share a year ago.
Caesarstone is a global leader in the quartz and porcelain countertop markets. It had a rough 2022 and the outlook for 2023 is mixed.
CaesarStone (CSTE) delivered earnings and revenue surprises of -200% and 4.47%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
MP MENASHE, Israel--( BUSINESS WIRE )--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today announced that it will release its earnings results for the fourth quarter and full year ended December 31, 2022 on Wednesday, March 1, 2023 before the market opens.
Caesarstone Ltd develops high-end engineered surfaces for both interior and exterior environments in residential and commercial buildings. In my view, the gallery on the website offers a significant amount of information for clients. I assumed that the website would enhance future revenue growth.
Caesarstone Ltd. (NASDAQ:CSTE ) Q3 2022 Earnings Conference Call November 9, 2022 8:30 AM ET Company Participants Brad Cray - IR Yuval Dagim - CEO Nahum Trost - CFO Conference Call Participants Stanley Elliott - Stifel Reuben Garner - The Benchmark Company Operator Hello, and welcome to the Caesarstone Ltd.
CaesarStone (CSTE) delivered earnings and revenue surprises of -96.55% and 1.67%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd.
Although Q2 saw a top and bottom-line miss, Caesarstone's guidance remains strong. Caesarstone's earnings are growing and management stewardship is strong.