Ultime notizie per Caesarstone (NASDAQ:CSTE) Azioni

Caesarstone

Caesarstone Ltd manufactures engineered quartz surfaces. Its products include engineered quartz and porcelain slabs, which are used as kitchen countertops in renovation and remodeling, and residential construction. It also has other applications, including vanity tops, wall panels, backsplashes, floor tiles, stairs, and other interior surfaces that are used in various residential and non-residential applications. The company sells its products under the Caesarstone brand. Caesarstone's geographical segments are the United States, Canada, Latin America, Australia, Asia, Israel, and EMEA(Europe, Middle East, Africa).

Caesarstone Ltd

News

Guidance

CSTE

Caesarstone Reaffirms 2024 Outlook: Expects Positive Operating Cash Flow And Adjusted EBITDA Loss In The Range Of $10M-$11M

Caesarstone (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSTE#NASDAQ">CSTE</a>) reported quarterly losses of $(0.24) per share which missed the analyst consensus estimate of $(0.17) by 41.18 percent. The company reported quarterly sales of $107.634 million which missed the analyst consensus estimate of $119.600 million by 10.01 percent. This is a 24.41 percent decrease over sales of $142.394 million the same period last year.

Earnings

Earnings Misses

Caesarstone Q3 2024 Adj. EPS $(0.24) Misses $(0.17) Estimate, Sales $107.634M Miss $119.600M Estimate

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Bakkt Holdings, Inc. Class A Common Stock

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Earnings Scheduled For November 13, 2024

Caesarstone (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSTE#NASDAQ">CSTE</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-11-13. Here's what investors need to know before the announcement.
Analysts estimate that Caesarstone will report an earnings per share (EPS) of $-0.17. 
Caesarstone bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Earnings History Snapshot</h3>
During the last quarter, the company reported an EPS missed by $0.00, leading to a 1.65% drop in the share price on the subsequent day.
Here's a look at Caesarstone's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.14</td>
<td>-0.16</td>
<td>-0.17</td>
<td>-0.16</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.14</td>
<td>-0.13</td>
<td>-0.28</td>
<td>-0.20</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-2.0%</td>
<td>0.0%</td>
<td>-3.0%</td>
<td>-3.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1731423675_0.png" alt="eps graph" />
<h3>Caesarstone Share Price Analysis</h3>
Shares of Caesarstone were trading at $4.33 as of November 11. Over the last 52-week period, shares are down 0.72%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/CSTE/earnings">To track all earnings releases for Caesarstone visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insights Ahead: Caesarstone's Quarterly Earnings

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Shares of companies within the broader industrial sector are trading higher after Donald Trump won the 2024 presidential election.

Benchmark analyst Reuben Garner maintains Caesarstone (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSTE#NASDAQ">CSTE</a>) with a Buy and lowers the price target from $8 to $6.

Price Target

Analyst Ratings

Benchmark Maintains Buy on Caesarstone, Lowers Price Target to $6

Outlook
The Company reaffirms its expectation to deliver positive operating cash flow for the full year 2024, primarily weighted towards the first half of the year. The Company now expects full year adjusted EBITDA to be a loss in the mid-single-digit million-dollar range, mainly due to increased shipping and material costs in the second half of 2024. The Company also reiterates its expectation to realize restructuring-related cost savings of approximately&nbsp;$20.0 million&nbsp;in full year 2024 and&nbsp;$30.0 million&nbsp;thereafter compared to full year 2023.

Caesarstone Reaffirms 2024 Outlook: Expects Positive Operating Cash Flow And Adjusted EBITDA Loss In Mid-Single-Digit Millions

Caesarstone (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSTE#NASDAQ">CSTE</a>) reported quarterly losses of $(0.14) per share which met the analyst consensus estimate. This is a 79.71 percent increase over losses of $(0.69) per share from the same period last year. The company reported quarterly sales of $119.432 million which missed the analyst consensus estimate of $124.823 million by 4.32 percent. This is a 16.88 percent decrease over sales of $143.679 million the same period last year.

Caesarstone Q2 2024 Adj. EPS $(0.14), Inline, Sales $119.432M Miss $124.823M Estimate

Outlook
The Company reaffirms its expectation to deliver positive adjusted EBITDA for full year 2024 along with another full year of positive operating cash flow. The Company also reiterates its expectation to realize restructuring-related cost savings of approximately&nbsp;$20.0 million&nbsp;in full year 2024 and&nbsp;$30.0 million&nbsp;thereafter compared to full year 2023.

Caesarstone Reaffirms Outlook To Deliver Positive Adjusted EBITDA And Operating Cash Flow In 2024

Caesarstone (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSTE#NASDAQ">CSTE</a>) reported quarterly losses of $(0.13) per share which beat the analyst consensus estimate of $(0.16) by 18.75 percent. This is a 23.53 percent increase over losses of $(0.17) per share from the same period last year. The company reported quarterly sales of $118.292 million which missed the analyst consensus estimate of $126.703 million by 6.64 percent. This is a 21.47 percent decrease over sales of $150.633 million the same period last year.

Earnings Beats

Caesarstone Q1 2024 Adj EPS $(0.13) Beats $(0.16) Estimate, Sales $118.292M Miss $126.703M Estimate

<h3>Gainers</h3>
<ul>
<li>Simpple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPPL#NASDAQ">SPPL</a>) shares increased by 8.5% to $0.68 during Monday's after-market session. The market value of their outstanding shares is at $11.0 million. </li>
<li>Amprius Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPX#NYSE">AMPX</a>) shares increased by 6.11% to $1.89. The market value of their outstanding shares is at $173.0 million. </li>
<li>Knightscope (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KSCP#NASDAQ">KSCP</a>) shares moved upwards by 5.98% to $0.54. The market value of their outstanding shares is at $55.2 million. </li>
<li>Safe &amp; Green Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGBX#NASDAQ">SGBX</a>) stock rose 5.33% to $0.17. The company's market cap stands at $3.1 million. </li>
<li>Caesarstone (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSTE#NASDAQ">CSTE</a>) shares rose 5.11% to $5.96. The market value of their outstanding shares is at $205.8 million. </li>
<li>Safe Bulkers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SB#NYSE">SB</a>) stock moved upwards by 5.01% to $4.97. The market value of their outstanding shares is at $554.4 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Skillsoft (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKIL#NYSE">SKIL</a>) shares declined by 13.1% to $8.0 during Monday's after-market session. The company's market cap stands at $65.7 million. As per the press release, Q4 earnings came out today. </li>
<li>Momentus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNTS#NASDAQ">MNTS</a>) shares fell 5.06% to $0.35. The market value of their outstanding shares is at $4.6 million. </li>
<li>TPI Composites (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TPIC#NASDAQ">TPIC</a>) shares declined by 4.89% to $2.53. The market value of their outstanding shares is at $119.5 million. </li>
<li>Surf Air Mobility (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRFM#NYSE">SRFM</a>) shares fell 4.72% to $0.49. The market value of their outstanding shares is at $39.6 million. </li>
<li>Complete Solaria (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSLR#NASDAQ">CSLR</a>) shares fell 3.7% to $0.25. The company's market cap stands at $12.2 million. </li>
<li>Staffing 360 Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STAF#NASDAQ">STAF</a>) stock declined by 2.42% to $0.28. The company's market cap stands at $2.2 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Industrials Stocks Moving In Monday's After-Market Session

<h3>Gainers</h3>
<ul>
<li>Globavend Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GVH#NASDAQ">GVH</a>) shares increased by 16.6% to $1.69 during Thursday's regular session. The company's market cap stands at $25.3 million. </li>
<li>NeoVolta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEOV#NASDAQ">NEOV</a>) shares rose 14.36% to $2.15. The company's market cap stands at $71.4 million. </li>
<li>Velo3D (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLD#NYSE">VLD</a>) stock moved upwards by 14.01% to $0.32. The market value of their outstanding shares is at $84.7 million. </li>
<li>Earlyworks Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELWS#NASDAQ">ELWS</a>) shares moved upwards by 10.43% to $0.74. The market value of their outstanding shares is at $11.1 million. </li>
<li>American Rebel Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AREB#NASDAQ">AREB</a>) stock moved upwards by 8.36% to $0.36. The company's market cap stands at $2.1 million. </li>
<li>Flux Power Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLUX#NASDAQ">FLUX</a>) stock rose 8.01% to $4.85. The market value of their outstanding shares is at $80.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Laser Photonics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LASE#NASDAQ">LASE</a>) stock fell 14.6% to $2.14 during Thursday's regular session. The company's market cap stands at $17.7 million. </li>
<li>Nikola (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKLA#NASDAQ">NKLA</a>) stock decreased by 13.53% to $0.85. The market value of their outstanding shares is at $1.1 billion. </li>
<li>Tritium DCFC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCFC#NASDAQ">DCFC</a>) stock decreased by 12.12% to $6.11. The market value of their outstanding shares is at $6.5 million. </li>
<li>Caesarstone (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSTE#NASDAQ">CSTE</a>) shares decreased by 12.04% to $5.41. The market value of their outstanding shares is at $186.8 million. </li>
<li>Solidion Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STI#NASDAQ">STI</a>) shares declined by 11.81% to $2.84. The market value of their outstanding shares is at $232.4 million. </li>
<li>Energy Focus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EFOI#NASDAQ">EFOI</a>) stock fell 9.38% to $1.45. The company's market cap stands at $6.8 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Industrials Stocks Moving In Thursday's Intraday Session

<h3>Gainers</h3>
<ul>
<li>Energy Focus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EFOI#NASDAQ">EFOI</a>) shares moved upwards by 21.9% to $1.95 during Thursday's pre-market session. The market value of their outstanding shares is at $9.2 million. </li>
<li>Xos (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XOS#NASDAQ">XOS</a>) stock increased by 12.27% to $9.63. The company's market cap stands at $74.6 million. </li>
<li>Babcock &amp; Wilcox (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BW#NYSE">BW</a>) shares moved upwards by 12.03% to $1.21. The market value of their outstanding shares is at $108.2 million. </li>
<li>CEA Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEAD#NASDAQ">CEAD</a>) stock increased by 10.89% to $0.57. The market value of their outstanding shares is at $4.6 million. </li>
<li>VirTra (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VTSI#NASDAQ">VTSI</a>) stock rose 6.62% to $14.1. The market value of their outstanding shares is at $156.6 million. </li>
<li>ShiftPixy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIXY#NASDAQ">PIXY</a>) stock moved upwards by 6.22% to $2.56. The market value of their outstanding shares is at $15.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Caesarstone (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSTE#NASDAQ">CSTE</a>) stock fell 10.6% to $5.5 during Thursday's pre-market session. The market value of their outstanding shares is at $189.9 million. </li>
<li>NeoVolta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEOV#NASDAQ">NEOV</a>) shares fell 8.52% to $1.72. The market value of their outstanding shares is at $57.1 million. </li>
<li>Simpple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPPL#NASDAQ">SPPL</a>) shares decreased by 5.82% to $0.71. The market value of their outstanding shares is at $11.5 million. </li>
<li>Fastenal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAST#NASDAQ">FAST</a>) shares decreased by 5.01% to $71.0. The market value of their outstanding shares is at $40.6 billion. As per the press release, Q1 earnings came out today. </li>
<li>Momentus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNTS#NASDAQ">MNTS</a>) stock fell 4.52% to $0.41. The company's market cap stands at $5.3 million. </li>
<li>Shengfeng Development (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFWL#NASDAQ">SFWL</a>) stock declined by 4.42% to $1.73. The market value of their outstanding shares is at $142.7 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CEA INDUSTRIES INC by CEA Industries Inc.

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12 Industrials Stocks Moving In Thursday's Pre-Market Session

<h3>Gainers</h3>
<ul>
<li>Laser Photonics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LASE#NASDAQ">LASE</a>) shares rose 97.9% to $2.83 during Tuesday's regular session. The company's market cap stands at $23.3 million. </li>
<li>Gaucho Group Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VINO#NASDAQ">VINO</a>) stock rose 19.8% to $0.56. The market value of their outstanding shares is at $4.1 million. </li>
<li>JanOne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JAN#NASDAQ">JAN</a>) stock rose 16.4% to $2.93. The market value of their outstanding shares is at $14.5 million. </li>
<li>Shengfeng Development (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFWL#NASDAQ">SFWL</a>) stock moved upwards by 15.68% to $1.77. The company's market cap stands at $146.0 million. </li>
<li>Caesarstone (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSTE#NASDAQ">CSTE</a>) shares increased by 12.67% to $5.6. The company's market cap stands at $193.4 million. </li>
<li>Palladyne AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDYN#NASDAQ">PDYN</a>) stock rose 11.77% to $2.94. The market value of their outstanding shares is at $76.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Swvl Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWVL#NASDAQ">SWVL</a>) stock declined by 13.4% to $14.5 during Tuesday's regular session. The company's market cap stands at $98.4 million. </li>
<li>Freight Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRGT#NASDAQ">FRGT</a>) stock decreased by 12.08% to $1.02. The market value of their outstanding shares is at $2.4 million. </li>
<li>Team (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TISI#NYSE">TISI</a>) stock fell 9.41% to $7.32. The market value of their outstanding shares is at $32.3 million. </li>
<li>C3is (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CISS#NASDAQ">CISS</a>) shares declined by 9.28% to $0.04. The market value of their outstanding shares is at $6.4 million. </li>
<li>Redwire (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDW#NYSE">RDW</a>) shares fell 7.71% to $4.07. The company's market cap stands at $266.9 million. </li>
<li>Richtech Robotics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RR#NASDAQ">RR</a>) shares fell 7.58% to $1.83. The market value of their outstanding shares is at $121.2 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Industrials Stocks Moving In Tuesday's Intraday Session

&quot;As we enter 2024, we believe our business is seeing signs of stabilization. The U.S. macro environment appears more encouraging with potential Fed rate cuts on the horizon to catalyze construction activity. In Australia, we are determined to maintain our leading position as we introduce our high-quality alternative products in the first half of 2024. Based on these factors, we expect&nbsp;first quarter&nbsp;revenues to trend in line with the&nbsp;fourth quarter&nbsp;and improve sequentially in accordance with our historic seasonal cadence. While macro uncertainties and the competitive landscape persist, our strategic restructuring actions initiated over the past year have put us on more solid footing with leaner operations to deliver positive adjusted EBITDA in 2024. We also expect to produce another full year of positive operating cash flow. We believe that we are poised to take hold of the promising opportunities that lie ahead,&quot; concluded Nahum Trost, Caesarstone&#39;s Chief Financial Officer.

Caesarstone Expects To Deliver Positive Adjusted EBITDA In 2024

Caesarstone (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSTE#NASDAQ">CSTE</a>) reported quarterly losses of $(0.28) per share which missed the analyst consensus estimate of $(0.17) by 64.71 percent. This is a 1300 percent decrease over losses of $(0.02) per share from the same period last year. The company reported quarterly sales of $128.53 million which beat the analyst consensus estimate of $125.07 million by 2.76 percent. This is a 19.35 percent decrease over sales of $159.37 million the same period last year.

Caesarstone Q4 Adj. EPS $(0.28) Misses $(0.17) Estimate, Sales $128.53M Beat $125.07M Estimate

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