Globe Specialty Metals (GSM) Reports Break-Even Earnings for Q1
GSMFerroglobe(GSM) Zacks Investment Research·2024-05-15 07:17

Globe Specialty Metals (GSM) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of 0.02.Thiscomparestoearningsof0.02. This compares to earnings of 0.05 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this producer of silicon metal and silicon-based alloys would post earnings of 0.04persharewhenitactuallyproducedearningsof0.04 per share when it actually produced earnings of 0.09, delivering a surprise of 125%. ...