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Ferro Corp (FOE.N)

FOE.N on New York Stock Exchange

14.71USD
19 Jul 2019
Change (% chg)

$-0.08 (-0.54%)
Prev Close
$14.79
Open
$14.78
Day's High
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Day's Low
$14.70
Volume
208,837
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$23.86
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$13.52

Latest Key Developments (Source: Significant Developments)

Ferro Reports Q1 EPS $0.16
Wednesday, 1 May 2019 

May 1 (Reuters) - Ferro Corp ::FERRO REPORTS FIRST-QUARTER RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.22.Q1 GAAP EARNINGS PER SHARE $0.16.Q1 SALES $387.5 MILLION VERSUS REFINITIV IBES ESTIMATE OF $396.4 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.21 -- REFINITIV IBES DATA.QTRLY VOLUME INCREASED 2.5%.ADJUSTS 2019 GUIDANCE.SEES 2019 ADJUSTED EARNINGS PER SHARE $1.35 TO $1.45.SEES 2019 ADJUSTED FREE CASH FLOW FROM OPERATIONS CONVERSION 45% - 50%.SEES 2019 ADJUSTED EBITDA $250 MILLION TO $260 MILLION.  Full Article

Ferro Reports Q4 Adjusted Earnings Per Share Of $0.33
Friday, 28 Sep 2018 

Feb 27 (Reuters) - Ferro Corp ::FERRO REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.33.Q4 GAAP EARNINGS PER SHARE $0.13.Q4 SALES $395.5 MILLION VERSUS REFINITIV IBES ESTIMATE OF $389.4 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.30 -- REFINITIV IBES DATA.SEES 2019 ADJUSTED DILUTED EPS OF $1.55 - $1.65 PER SHARE.SEES 2019 ADJUSTED EBITDA OF $280 MILLION - $290M.  Full Article

Ferro Reports Q4 Adjusted Earnings Per Share $0.29
Thursday, 1 Mar 2018 

Feb 28 (Reuters) - Ferro Corp ::FERRO CONTINUES MOMENTUM WITH STRONG ORGANIC GROWTH IN THE FOURTH QUARTER.Q4 ADJUSTED EARNINGS PER SHARE $0.29.Q4 SALES ROSE 34.2 PERCENT TO $377.5 MILLION.QTRLY ORGANIC SALES GROWTH WAS 9.2% ON A CONSTANT CURRENCY BASIS.QTRLY GAAP LOSS PER SHARE $0.10.  Full Article

Ferro reports Q3 earnings per share $0.27
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Ferro CORP :Ferro momentum continues with strong growth in the third quarter.Q3 adjusted earnings per share $0.33 from continuing operations.Q3 gaap earnings per share $0.27.Q3 sales $350 million versus i/b/e/s view $332.3 million.Q3 earnings per share view $0.31 -- Thomson Reuters I/B/E/S.Q3 adjusted earnings per share $1.26.Ferro Corp sees ‍2017 adjusted eps of $1.26 - $1.29 per diluted share​.Ferro Corp sees ‍2017 consolidated sales growth of 17.0% - 17.5%​.  Full Article

Ferro reports Q3 adjusted EPS of $0.33
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Ferro Corp ::Ferro momentum continues with strong growth in the third quarter.Q3 adjusted earnings per share $0.33.Q3 adjusted earnings per share $0.33 from continuing operations.Q3 GAAP earnings per share $0.27.Q3 sales $350 million versus I/B/E/S view $332.3 million.Q3 earnings per share view $0.31 -- Thomson Reuters I/B/E/S.Sees ‍2017 adjusted EPS of $1.26 - $1.29 per diluted share​.Sees ‍2017 consolidated sales growth of 17.0% - 17.5%​.  Full Article

Ferro acquires majority interest in Gardenia Quimica​
Monday, 2 Oct 2017 

Oct 2 (Reuters) - Ferro Corp :Ferro Corp - ‍acquired a majority interest in Gardenia Quimica​.Ferro Corp - acquisition of Endeka for approximately EUR 64 million​.Ferro Corp - transaction will be funded through excess cash and borrowings under company's existing revolving credit facility.Ferro Corp - Endeka full-year forecasted 2018 revenues are approximately EUR 75 million.Ferro Corp - ‍expects transaction to be accretive to earnings and 2018 post-synergy adjusted EBITDA, which is forecasted to be about EUR 11-12 million ​.Ferro Corp - Gardenia Quimica transaction resulted in Ferro increasing its ownership in joint venture company from a minority to a majority position​.  Full Article

Ferro acquires technology for printing on glass substrates
Wednesday, 2 Aug 2017 

Aug 2 (Reuters) - Ferro Corp :Ferro acquires leading technology for printing on glass substrates.Ferro corp - deal for ‍$60.0 million​.Ferro corp - ferro paid $60.0 million, excluding customary adjustments and fees for dip-tech.Ferro corp - ‍company expects transaction to be accretive to earnings in 2018​.Ferro corp says transaction was funded through excess cash and borrowings under ferro's existing revolving credit facility.Ferro corp - ‍ferro expects a return on invested capital of more than 15% within first five years of acquisition​.  Full Article