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Recap: Ferroglobe Q1 Earnings

Ferroglobe (NASDAQ:GSM) reported its Q1 earnings results on Tuesday, May 9, 2023 at 05:00 PM. Here’s what investors…
byBenzinga Insights
May 9, 2023
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Ferroglobe (NASDAQ:GSM) reported its Q1 earnings results on Tuesday, May 9, 2023 at 05:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Ferroglobe beat estimated earnings by 25.0%, reporting an EPS of $0.05 versus an estimate of $0.04.

Revenue was down $314.40 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.21 which was followed by a 17.52% increase in the share price the next day.

Here’s a look at Ferroglobe’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.21 0.68 0.84 0.73
EPS Actual 0.42 0.64 1.14 0.88
Revenue Estimate 460.80M 694.65M 738.10M 749.40M
Revenue Actual 448.62M 593.22M 840.81M 715.26M

To track all earnings releases for Ferroglobe visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

 
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