GRAFTECH INTERNATIONAL LTD Q4 Loss Drops, Inline With Estimates

GRAFTECH INTERNATIONAL LTD (EAF) announced Loss for fourth quarter in line with the Street estimates.

The company's bottom line came in at -$49.48 million, or -$0.19 per share. This compares with -$217.41 million, or -$0.85 per share, last year.

Excluding items, GRAFTECH INTERNATIONAL LTD reported adjusted earnings of -$33.14 million or -$0.13 per share for the period.

Analysts on average had expected the company to earn -$0.13 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 2.1% to $134.22 million from $137.15 million last year.

GRAFTECH INTERNATIONAL LTD earnings at a glance (GAAP) :

-Earnings: -$49.48 Mln. vs. -$217.41 Mln. last year.
-EPS: -$0.19 vs. -$0.85 last year.
-Revenue: $134.22 Mln vs. $137.15 Mln last year.

by RTTNews Staff Writer

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