CSTE News and Press, Caesarstone Ltd. From 07/29/23

2023-07-29 02:08:37 ET Summary Caesarstone's profitability has been declining, with operating income coming in at -$7.2 million in Q1 this year and sales decreasing. The decision to close a manufacturing plant is aimed at saving costs and improving the bottom line, but the impact ...

Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today announced that it will release its earnings results for the second quarter ended June 30, 2023 on Wednesday, August 9, 2023 before the market opens. The Company will host a webcast...

2023-05-24 13:57:58 ET The Russell 3000 index will have a new look on June 26, after the market opens when 286 securities will be added and 179 securities will be deleted as part of the annual reconstitution. At 2023 Russell indexes annual reconstitution, following notable industrial ...

2023-05-12 18:06:03 ET Caesarstone Ltd. (CSTE) Q1 2023 Earnings Conference Call May 10, 2023 08:30 AM ET Company Participants Brad Cray - Investor Relations Yosef Shiran - Chief Executive Officer Nahum Trost - Chief Financial Officer Conference Call Partici...

2023-05-10 07:22:24 ET Caesarstone press release ( NASDAQ: CSTE ): Q1 Non-GAAP EPS of -$0.17 misses by $0.16 . Revenue of $150.6M (-11.6% Y/Y) misses by $12.71M . Cash Flow from Operations of $7.9 Million. Adjusted EBITDA in the first quarter of 2023, which...

- Revenues of $150.6 Million - - Net Loss Attributable to Controlling Interest of $3.8 Million, or Loss per share of $0.11 - - Cash Flow from Operations of $7.9 Million - - Initiates Global Restructuring Plan, Commencing with Closing Its Manufacturing Facility in Sdot-Yam,...

2023-05-09 13:22:48 ET Caesarstone ( NASDAQ: CSTE ) is scheduled to announce Q1 earnings results on Wednesday, May 10th, before market open. The consensus EPS Estimate is -$0.01 (-107.1% Y/Y) and the consensus Revenue Estimate is $163.31M (-4.2% Y/Y). Over the last 2 y...

Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today announced that it will release its earnings results for the first quarter ended March 31, 2023 on Wednesday, May 10, 2023 before the market opens. The Company will host a webcast a...

2023-03-16 12:02:01 ET Summary Caesarstone’s revenue in 2023 should be impacted due to volume declines, partially offset by the carryforward pricing. I believe the company's profitability, which has been declining in recent years, should begin to improve. Based on my DC...

2023-03-15 11:08:22 ET Summary Caesarstone is a global leader in the quartz and porcelain countertop markets. It had a rough 2022 and the outlook for 2023 is mixed. The company is attempting to rein in costs and has announced layoffs. The former CEO from 2009 to 2016 recen...