GrafTech International (GTI): Q1 EPS of $0.03 beats by $0.02. Revenue of $254M (+5% Y/Y) misses...

GrafTech International (GTI): Q1 EPS of $0.03 beats by $0.02. Revenue of $254M (+5% Y/Y) misses by $23.64M. (PR)
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  • Gloria Kessler
    , contributor
    Comments (90) | Send Message
    Beat estimate? GTI revenue missed? All points downward spiral passing tangible book value.
    The CEO and CFO brought stocks to boast confidence but later on CEO exercise stock option thereby selling resulting in really no confidence.
    The Engineer solution target for double digit as they say, shouldn’t he be pushing for triple digit before year end so he can display his aggressive knowledge and save GTI? This represents less than 10% of revenue so why not make it 20% of revenue. They definitely need it for 2013.
    The industrial segment represent 90% is still spiraling downward and he has lowered his earnings from previous quarter. Isn’t this obvious management needs to find a way to lower the cost of operating by 30% without cutting employees so they can prepare to compete next year if and when sales may turn around? Other players in China are already lowering their cost. Wake up management.
    Net debt still hangs high for them overspending to buy back stock has really put a weight down now. Should have better use of money to boast sales in Engineer and lower cost of industrial segment?
    Why aren’t broad of directors buying stock? Why isn’t management buying more stock to display confidence? If they aren’t buying, why should you?
    25 Apr 2013, 10:20 AM Reply Like
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