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Caesarstone Sdot-Yam Ltd. (CSTE)
NASDAQ:CSTE
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.32Last Year’s EPS
-0.13Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 05, 2025
|% Change Since: -31.42%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant improvements in operational efficiency and financial flexibility, with notable achievements in cash flow and margin expansion. However, these positives were overshadowed by considerable revenue declines, ongoing macroeconomic challenges, and legal liabilities related to silicosis claims.Company Guidance
During the Caesarstone Fourth Quarter 2024 Earnings Conference Call, the company provided several key metrics and guidance for fiscal year 2025. The fourth quarter revenue was reported at $97.9 million, marking a 23.8% year-over-year decline on a constant currency basis, while the gross margin improved by 130 basis points to 19.4%. For the full year 2024, revenue was $443.2 million, down from $565.2 million in 2023, with an adjusted EBITDA loss of $11.5 million. The company ended 2024 with a net cash position of $101.8 million, up from $83.5 million at the end of 2023. Looking ahead, Caesarstone anticipates a modest improvement in full year 2025 adjusted EBITDA, driven by an additional $10 million in cost savings from restructuring initiatives. The company expects continued gross margin improvement in 2025, supported by an optimized production footprint, while Q1 2025 adjusted EBITDA is projected to remain comparable to the first quarter of 2024.Improved Gross Margin Performance
Gross margin improved to 19.4% in Q4 2024 from 18.1% in the prior year quarter, and full-year 2024 gross margin improved to 21.8% from 16.3% in 2023.
Strong Net Cash Position
Ended the year with a net cash position of $101.8 million, up from $83.5 million in 2023, demonstrating financial flexibility.
Strategic Transformation Initiatives
Successfully optimized production footprint and strengthened innovation capabilities. Over 70% of production is now sourced from global manufacturing partners.
Positive Free Cash Flow
Second consecutive year of positive free cash flow, with $31.9 million generated from operations in 2024.
Improved Market Conditions in Israel
Sales in Israel improved by 53.6% on a constant currency basis in Q4 2024 due to improved market conditions and favorable year-over-year comparisons.
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CSTE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CSTE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 05, 2025 | $3.66 | $3.42 | -6.56% |
| Nov 13, 2024 | $4.25 | $3.87 | -8.94% |
| Aug 07, 2024 | $5.25 | $4.86 | -7.43% |
| May 08, 2024 | $6.61 | $5.94 | -10.14% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Caesarstone Sdot-Yam Ltd. (CSTE) report earnings?
Caesarstone Sdot-Yam Ltd. (CSTE) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Caesarstone Sdot-Yam Ltd. (CSTE) earnings time?
Caesarstone Sdot-Yam Ltd. (CSTE) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CSTE EPS forecast?
CSTE EPS forecast for the fiscal quarter 2025 (Q1) is -0.32.
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