Stock Analysis

Caesarstone Full Year 2022 Earnings: EPS Misses Expectations

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Caesarstone (NASDAQ:CSTE) Full Year 2022 Results

Key Financial Results

  • Revenue: US$690.8m (up 7.3% from FY 2021).
  • Net loss: US$57.3m (down by 426% from US$17.6m profit in FY 2021).
  • US$1.66 loss per share (down from US$0.51 profit in FY 2021).
NasdaqGS:CSTE Earnings and Revenue Growth March 18th 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

Caesarstone EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 3.2% growth forecast for the Building industry in the US.

Performance of the American Building industry.

The company's shares are down 15% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Caesarstone's balance sheet and an in-depth analysis of the company's financial position.

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