Constellium N.V. (CSTM) Misses Q1 EPS by EUR0.03

Constellium N.V. (NYSE: CSTM) reported Q1 EPS of EUR0.17, EUR0.03 worse than the analyst estimate of EUR0.20. Revenue for the quarter came in at EUR1.54 billion, versus EUR1.39 billion reported last year.

Outlook

We expect Adjusted EBITDA growth in a range of 8% to 10% in 2019 and expect over €700 million of Adjusted EBITDA in 2022. This guidance reflects the effect of the application of IFRS 16 and the consolidation of Bowling Green, both of which began in the first quarter of 2019.

For earnings history and earnings-related data on Constellium N.V. (CSTM) click here.

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