Recap: Ferroglobe Q1 Earnings

Ferroglobe 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.

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.

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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