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CaesarStone: 3Q Earnings Snapshot

November 6, 2019 GMT

MP MENASHE, Israel (AP) _ CaesarStone Sdot-Yam Ltd. (CSTE) on Wednesday reported third-quarter profit of $7.1 million.

The Mp Menashe, Israel-based company said it had profit of 21 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 29 cents per share.

The maker of quartz surface slabs posted revenue of $142.8 million in the period.

CaesarStone expects full-year revenue in the range of $550 million to $565 million.

CaesarStone shares have risen 25% since the beginning of the year. The stock has risen nearly 5% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSTE at https://www.zacks.com/ap/CSTE