Ferroglobe PLC reports results for the quarter ended September 30 - Earnings Summary

• Ferroglobe PLC reported quarterly adjusted earnings of 31 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of two analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -4 cents to -1 cents per share.

• Revenue rose 18.6% to $369.76 million from a year ago; analysts expected $382.80 million.

• Ferroglobe PLC's reported EPS for the quarter was 31 cents​.

• The company reported quarterly net income of $57.93 million.

• Ferroglobe PLC shares had fallen by 3.4% this quarter and lost 17.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 37.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialty mining & metals peer group is also "buy"

• Wall Street's median 12-month price target for Ferroglobe PLC is $6.00, about 35.7% above its last closing price of $3.86

This summary was machine generated from LSEG data November 4 at 12:20 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)