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Constellium: 3Q Earnings Snapshot

October 23, 2019 GMT

SCHIPHOL-RIJK, Netherlands (AP) _ Constellium NV (CSTM) on Wednesday reported third-quarter net income of $1.1 million.

On a per-share basis, the Schiphol-Rijk, Netherlands-based company said it had profit of 1 cent.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share.

The aluminum company posted revenue of $1.62 billion in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $1.64 billion.

Constellium shares have more than doubled since the beginning of the year. The stock has risen 49% 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 CSTM at https://www.zacks.com/ap/CSTM