Caesarstone Reports First Quarter 2017 Results

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Go back to Caesarstone Reports First Quarter 2017 Results

Chardan Capital Markets Downgrades CaesarStone Sdot-Yam (CSTE) to Neutral on Valuation

May 11, 2017 7:11 AM EDT

Chardan Capital Markets downgraded CaesarStone Sdot-Yam (NASDAQ: CSTE) from Buy to Neutral with a price target of $43.00 on valuation.

Analyst Lena Rogovin commented, "Despite growing competition, the US market remains a huge opportunity for the company in various price segments, given increasing quartz... More

Caesarstone Sdot-Yam (CSTE) Tops Q1 EPS by 7c

May 10, 2017 6:31 AM EDT

Caesarstone Sdot-Yam (NASDAQ: CSTE) reported Q1 EPS of $0.36, $0.07 better than the analyst estimate of $0.29. Revenue for the quarter came in at $136.4 million versus the consensus estimate of $124.95 million.

Guidance Reiterated

The Company today reiterated its full-year 2017 guidance for revenue of $580 million to $595 million... More