Recap: Caesarstone Q1 Earnings

Caesarstone CSTE reported its Q1 earnings results on Wednesday, May 10, 2023 at 07:00 AM.

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

Earnings

Caesarstone missed estimated earnings by 1600.0%, reporting an EPS of $-0.17 versus an estimate of $-0.01.

Revenue was down $19.80 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 1.69% increase in the share price the next day.

Here's a look at Caesarstone's past performance:

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

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