U.S. markets close in 5 hours 37 minutes
  • S&P 500

    4,507.25
    +20.79 (+0.46%)
     
  • Dow 30

    35,367.83
    +109.22 (+0.31%)
     
  • Nasdaq

    15,079.46
    +57.65 (+0.38%)
     
  • Russell 2000

    2,270.57
    +2.72 (+0.12%)
     
  • Crude Oil

    82.15
    -0.29 (-0.35%)
     
  • Gold

    1,777.60
    +11.90 (+0.67%)
     
  • Silver

    24.10
    +0.84 (+3.59%)
     
  • EUR/USD

    1.1656
    +0.0038 (+0.33%)
     
  • 10-Yr Bond

    1.6110
    +0.0270 (+1.70%)
     
  • GBP/USD

    1.3806
    +0.0079 (+0.58%)
     
  • USD/JPY

    114.2520
    -0.0600 (-0.05%)
     
  • BTC-USD

    62,479.84
    +581.68 (+0.94%)
     
  • CMC Crypto 200

    1,456.98
    -6.37 (-0.44%)
     
  • FTSE 100

    7,205.28
    +1.45 (+0.02%)
     
  • Nikkei 225

    29,215.52
    +190.06 (+0.65%)
     

Caesarstone: Q2 Earnings Insights

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Shares of Caesarstone (NASDAQ:CSTE) fell 1.3% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 143.48% over the past year to ($0.10), which beat the estimate of ($0.18).

Revenue of $99,037,000 declined by 29.80% from the same period last year, which missed the estimate of $102,550,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Caesarstone hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Aug 05, 2020

View more earnings on CSTE

Time: 08:30 AM

ET Webcast URL: http://public.viavid.com/player/index.php?id=140674

Price Action

52-week high: $17.85

52-week low: $7.65

Price action over last quarter: Up 8.70%

Company Description

Caesarstone Ltd manufactures engineered quartz surfaces. The company's products are quartz slabs, which are used as kitchen countertops in the renovation and remodeling, and residential construction end markets, as well as other applications, including vanity tops, wall panels, back splashes, floor tiles, stair, and other interior surfaces that are used in various residential and non-residential applications. Its products are sold under Caesarstone brand in the United States, Australia, Canada, Israel, Europe, and internationally. Geographically, it derives a majority of revenue from the United States.

See more from Benzinga

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.