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Shares of Caesarstone (NASDAQ:CSTE) remained unaffected at $10.18 after the company reported Q1 results.
Earnings per share increased 62.50% over the past year to $0.13, which beat the estimate of $0.09.
Revenue of $126,557,000 lower by 1.28% from the same period last year, which beat the estimate of $119,010,000.
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: May 06, 2020
Time: 03:00 PM ET
Webcast URL: http://public.viavid.com/player/index.php?id=139206
Recent Stock Performance
Company's 52-week high was at $17.85
52-week low: $7.65
Price action over last quarter: down 12.39%
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.
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