GrafTech International Ltd. (NYSE: EAF) reported Q4 EPS of $0.47, $0.07 better than the analyst estimate of $0.40. Revenue for the quarter came in at $338 million versus the consensus estimate of $300.16 million.

Outlook:

Mr. Rintoul continued, “The current market for graphite electrodes continues to be competitive, as our industry lags the improving fundamentals in the steel industry. If the strength in the steel industry continues, we would expect the graphite electrode market to improve as we move further into 2021. We remain encouraged with the long-term growth opportunity given the benefits of electric arc furnace steel production, and we believe GrafTech is well positioned for success.”

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