Ferroglobe (GSM) Set to Announce Quarterly Earnings on Wednesday

Ferroglobe (NASDAQ:GSM) is set to issue its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Ferroglobe (NASDAQ:GSM) last posted its quarterly earnings results on Monday, August 5th. The basic materials company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.05. The business had revenue of $451.05 million for the quarter, compared to analysts’ expectations of $425.55 million. Ferroglobe had a return on equity of 11.27% and a net margin of 4.11%. During the same quarter last year, the business earned $0.30 earnings per share. On average, analysts expect Ferroglobe to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Ferroglobe Stock Performance

Shares of NASDAQ:GSM opened at $4.20 on Tuesday. The company has a current ratio of 1.63, a quick ratio of 0.91 and a debt-to-equity ratio of 0.02. Ferroglobe has a 1-year low of $4.07 and a 1-year high of $6.78. The stock has a market capitalization of $787.21 million, a P/E ratio of 12.00 and a beta of 1.88. The business has a 50-day moving average price of $4.37 and a two-hundred day moving average price of $5.02.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Ferroglobe from a “hold” rating to a “buy” rating in a report on Wednesday, August 7th.

Ferroglobe Company Profile

Ferroglobe PLC produces and sells silicon metal, and silicon and manganese-based ferroalloys in the United States, Europe, and internationally. It provides silicone chemicals that are used in a range of applications, including personal care items, construction-related products, health care products, and electronics; and silicon metal for primary and secondary aluminum producers.