CSTE earnings call for the period ending September 30, 2019.
News & Analysis: Caesarstone
Higher costs, manufacturing problems, and stalled growth are weighing heavily on the quartz-countertop manufacturer.
Earnings and guidance were light, but there was some good news for the countertop maker's shareholders.
A better-than-expected earnings report had investors bidding shares of this countertop maker higher Wednesday.
Caesarstone Sdot-Yam Ltd is growing, but not enough to impress investors today.
The engineered-quartz manufacturer has a new shareholder.
Strong growth in Canada and Australia buoyed the engineered quartz surface manufacturer's second-quarter results.
A surprise resignation from the CEO roiled investors.
According to an Israeli newspaper, a major shareholder is considering selling its stake in the company.
The quartz surface manufacturer reports earnings on Wednesday, and investors may be concerned that economic uncertainty could lead to weak results or guidance.