Caesarstone (CSTE) to Release Quarterly Earnings on Wednesday

Caesarstone (NASDAQ:CSTE) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 7th. Analysts expect the company to announce earnings of ($0.32) per share and revenue of $97.00 million for the quarter.

Caesarstone (NASDAQ:CSTE) last posted its quarterly earnings data on Wednesday, March 5th. The construction company reported ($0.35) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.12). Caesarstone had a negative return on equity of 9.61% and a negative net margin of 14.56%. The business had revenue of $97.86 million during the quarter, compared to analysts’ expectations of $99.40 million. During the same period in the previous year, the business posted ($0.28) EPS.

Caesarstone Stock Performance

Shares of Caesarstone stock opened at $2.80 on Wednesday. Caesarstone has a one year low of $2.25 and a one year high of $6.75. The stock has a market cap of $96.74 million, a P/E ratio of -1.39 and a beta of 0.28. The stock’s fifty day moving average is $2.97 and its 200 day moving average is $3.85.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Caesarstone in a report on Tuesday, March 11th. They issued a “hold” rating for the company.

About Caesarstone

Caesarstone Ltd., together with its subsidiaries, designs, develops, manufactures, and markets engineered stone and other materials under the Caesarstone brand in the United States, Canada, Latin America, Australia, Asia, Europe, the Middle East and Africa, and Israel. The company’s engineered stone slabs are primarily used as indoor and outdoor kitchen countertops in the renovation and remodeling, and residential construction sectors.