EAF Stock Recent News
EAF LATEST HEADLINES
Trouble in Mexico could lead to a production shortfall.
"If the company is spitting out cash, it can create value for shareholders."
GrafTech's stock has been decimated this year based on macroeconomic concerns, creating an opportunity to buy the dip.
GrafTech International Ltd. (NYSE:EAF ) Q2 2022 Earnings Conference Call August 5, 2022 10:00 AM ET Company Participants Michael Dillon - Vice President, Investor Relations Marcel Kessler - Chief Executive Officer and President Jeremy Halford - Executive Vice President and Chief Operating Officer Timothy Flanagan - Chief Financial Officer, Vice President Finance and Treasurer Conference Call Participants David Gagliano - BMO Capital Markets Curt Woodworth - Credit Suisse Arun Viswanathan - RBC Capital Markets Alexander Hacking - Citi Investment Research Operator Good morning, ladies and gentlemen, and welcome to the GrafTech Second Quarter 2022 Earnings Conference Call and Webcast.
GrafTech (EAF) delivered earnings and revenue surprises of 4.76% and 0.70%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
RBC Capital analyst Arun Viswanathan downgraded GrafTech International Ltd (NYSE: EAF) to Sector Perform from Outperform and lowered the price target to $7 (an upside of 9%) from $10. The analyst states that the downgrade reflects cost/demand headwinds and lower average.
BROOKLYN HEIGHTS, Ohio--(BUSINESS WIRE)--GrafTech International Ltd. (NYSE:EAF) (the “Company”) will hold its Second Quarter 2022 Earnings Conference Call and Webcast on Friday, August 5, 2022 at 10:00 a.m. (EDT). The call will be hosted by senior management to discuss financial results for the second quarter ended June 30, 2022 and current business initiatives. These financial results will be released on Friday, August 5, 2022 before market open and will be available on our investor relations
GrafTech International is in a position to profit from a transition currently being made in the steel industry. GrafTech has been a turnaround story that still isn't over.
With summer heating up, will the market finally catch a break?
GrafTech International Ltd (NYSE: EAF) reported first-quarter sales growth of 20.3% year-over-year to $366.25 million, missing the consensus of $377.83 million. Adjusted EPS improved to $0.48 from $0.37 in 1Q21, beating the consensus of $0.44.