StockSaints Logo 

GrafTech International Earnings Preview

GrafTech International Company Logo Image

GrafTech International Ltd. (GTI)

Background: GrafTech International Ltd. engages in the manufacture and sale of synthetic and natural graphite and carbon based products worldwide. It operates in two segments, Industrial Materials and Engineered Solutions.

GrafTech International is forecast to report WEAK second-quarter earnings before the market opens on July 30, 2013.

The consensus estimate is currently three cents a share, falling 19 cents (86.4%) from 22 cents during the same period last year. Estimates from analysts range from a low of two cents per share, up to the highest estimate of four cents per share.

Short interest with this stock is very high. More than one in five shares is short. Shorts are the smart money, but when they pile on this hard it can backfire too. The proportion of the float short is 42.2%.

Rate this article: 
Average: 5 (1 vote)
Stock Tickers: GTI Author Disclosure: n/a