Caesarstone (NASDAQ:CSTE) reported its Q1 earnings results on Wednesday, May 11, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Caesarstone beat estimated earnings by 55.56%, reporting an EPS of $0.14 versus an estimate of $0.09.
Revenue was up $24.41 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 2.93% drop in the share price the next day.
Here's a look at Caesarstone's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.13 | 0.08 | 0.09 |
| EPS Actual | 0.01 | 0.20 | 0.21 | 0.42 |
| Revenue Estimate | 158.23M | 161.80M | 145.64M | 133.00M |
| Revenue Actual | 171.06M | 163.34M | 163.46M | 146.03M |
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.
