Loading...
•
Dec 31, 2019
GrafTech Q4 2019 Earnings Report
GrafTech's Q4 2019 earnings were impacted by lower net sales and higher raw material costs, but were offset by working capital changes.
Key Takeaways
GrafTech International Ltd. reported net sales of $414.612 million and net income of $174.922 million for the fourth quarter of 2019. The company's financial results were impacted by lower net sales and higher raw materials costs.
Net sales for the quarter ended December 31, 2019 were $415 million compared to $533 million in the fourth quarter of 2018.
Net income for the fourth quarter of 2019 was $175 million, or $0.61 per share, compared to $230 million, or $0.79 per share in the fourth quarter of 2018.
Adjusted EBITDA from continuing operations was $235 million in the fourth quarter of 2019 compared to $326 million in the fourth quarter of 2018.
Cash flow from operating activities was $221 million in the fourth quarter of 2019 compared to $224 million in the comparable period of 2018.
Forward Guidance
Capital expenditures totaled $64 million in 2019 and are expected to remain between $60 and $70 million in 2020.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...