STOCK TITAN

Caesarstone Ltd - CSTE STOCK NEWS

Welcome to our dedicated news page for Caesarstone (Ticker: CSTE), a resource for investors and traders seeking the latest updates and insights on Caesarstone.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Caesarstone's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Caesarstone's position in the market.

Rhea-AI Summary
Caesarstone (NASDAQ: CSTE) announced the date for its first quarter 2024 earnings results, scheduled for release on May 8, 2024. The Company will host a webcast and conference call to discuss the results and engage with the investment community. Investors can access the live webcast through the Investor Relations section of the Company’s website or join the conference call via phone. A telephonic replay will also be available for those unable to participate in the live event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Caesarstone Ltd. (CSTE) reports Fourth Quarter Revenue of $128.5 Million and Full Year Revenue of $565.2 Million. The company generated Full Year Cash Flow from Operations of $66.5 Million. Restructuring actions were initiated in 2023 to drive long-term growth and profitability, aiming for cost savings of $20.0 Million in 2024 and $30.0 Million thereafter. Despite challenging market conditions, Caesarstone remains focused on strategic investments to reignite growth and enhance shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.59%
Tags
-
Rhea-AI Summary
Caesarstone Ltd. (CSTE) will release its earnings results for the fourth quarter and full year ended December 31, 2023, on February 21, 2024. The company will host a webcast and conference call to discuss the results and answer questions from the investment community. The webcast can be accessed through the Investor Relations section of the company's website, and the conference call will be accessible by phone. A telephonic replay of the conference call will also be available.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.75%
Tags
News
Rhea-AI Summary
Caesarstone Ltd. (NASDAQ: CSTE) closes its manufacturing facility in Richmond Hill, Georgia, to save $20 million annually and faces a negative impact on sales in the Australian market due to a government ban on engineered stone slabs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.74%
Tags
none
-
Rhea-AI Summary
Caesarstone Ltd. (NASDAQ: CSTE) reported Q3 2023 revenue of $142.4 million, down 20.3% year-over-year. The company generated $28.2 million in cash flow from operations during the quarter, with a strong sequential gross margin improvement to 19.1%. The CEO reiterated the full-year outlook, expecting positive cash flow from operations in Q4.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
Tags
-
Rhea-AI Summary
Caesarstone Ltd. will release its Q3 2023 earnings results on November 8, 2023. A webcast and conference call will be held to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
Tags
Rhea-AI Summary
Caesarstone reports Q2 2023 financial results, with revenues of $143.7 million and strong cash flow from operations. The company's global restructuring plan is on track to reignite long-term profitable growth. Full-year outlook remains positive.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.88%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.11%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.19%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.76%
Tags
none
Caesarstone Ltd

Nasdaq:CSTE

CSTE Rankings

CSTE Stock Data

185.80M
19.98M
30.23%
45.92%
0.18%
Cut Stone and Stone Product Manufacturing
Manufacturing
Link
Israel
Kibbutz Sdot Yam

About CSTE

caesarstone manufactures high quality engineered quartz surfaces, which are used in both residential and commercial buildings as countertops, vanities, wall cladding, floors and other interior surfaces. the wide variety of colours, styles, designs and textures of caesarstone® products, along with caesarstone's inherent characteristics such as hardness, non-porous, scratch and stain resistance and durability, provide consumers with excellent surfaces for their internal spaces which are highly competitive to granite, manufactured solid surfaces and laminate, as well as to other engineered quartz surfaces. caesarstone's four collections of products — classico, motivo, concetto and supernatural — are available in over 50 countries around the world