Ferro Corporation (NYSE:FOE) producer of specialty materials, is expected to report third quarter earnings results, after market close, on Wednesday 4th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.15 per share.
Looking ahead, the full year income are expected at $ 0.71 per share on the revenues of $ 919.10 million.
Previous Quarter Performance
Ferro Corporation unfold income for the second quarter of $ 0.12 per share, from the revenue of $ 204.80 million. Street analysts expected Ferro Corporation to report income of $ 0.11 per share on revenue of $ 211.90 million for the second quarter. The bottom line results beat street analysts by $ 0.01 or 9.09 percent, at the same time, top line results fell short of analysts by $ 7.1 million or 3.35 percent.
Stock Performance
Shares of Ferro Corporation traded up $ 0.36 or 2.69 percent on Tuesday, reaching $ 13.76 with volume of 288.70 thousand shares. Ferro Corporation has traded high as $ 13.89 and has cracked $ 13.48 on the downward trend
According to the previous trading day, closing price of $ 13.76, representing a 78.19 % increase from the 52 week low of $ 7.52 and a 11.84 % decrease over the 52 week high of $ 15.20.
The company has a market capital of $ 1.13 billion and is part of the Basic Materials sector and Specialty Chemicals industry.
Ferro Corporation produces specialty materials in the United States and internationally. It operates through three segments: Performance Coatings, Performance Colors and Glass, and Color Solutions. The company offers frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, dielectrics, electronic glasses, and other specialty coatings.
