Caesarstone Sdot-Yam Ltd. (CSTE)
NASDAQ:CSTE
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Earnings Data
Report Date
Aug 12, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.33Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call communicated clear structural progress — margin expansion, transition to a third‑party manufacturing model, cost‑saving milestones, recoveries in Australia and a path to positive adjusted EBITDA in Q3 2026 — but was balanced by significant near‑term challenges: a ~15% revenue decline, marked weakness in North America, operating expense leverage, meaningful legal exposure (711 silica claims and a $48.8M reserve), and material tariff/trade risks that could compress margins. Management emphasized active mitigation (pricing, supply‑chain optimization, insurance actions) and liquidity, but uncertainty from geopolitical and trade developments leaves the outlook mixed.Company Guidance
Gross Margin Expansion
Reported gross margin of 22.3% versus 21.3% year‑over‑year (an improvement of 100 basis points); adjusted gross margin improved to 23.9% from 21.2% (approximately +270 basis points), reflecting benefits from the transition to an asset‑light production model.
Restructuring Milestone — Quartz Production Transitioned
Completed transition of quartz production from the Bar‑Lev facility to a global manufacturing partner network, marking a significant step in the restructuring program and enabling a more flexible, lower‑capex production footprint.
Cost Savings Target from Restructuring
Company highlighted expected annualized cash savings tied to restructuring actions: CEO commentary cited ~$22 million by 2027 while CFO commentary referenced >$100 million in annualized savings by 2027 versus 2023; management stated total savings since 2023 exceed $100 million.
Australia Revenue Momentum
Australia revenue of approximately $17.1 million, up ~11.2% on a constant currency basis year‑over‑year (third consecutive quarter of growth), driven by acceptance of ICON zero silica products.
Adjusted EBITDA Relatively Stable
Adjusted EBITDA loss was $7.5 million in Q1 2026 versus a loss of $7.1 million a year earlier, indicating relatively stable operating performance despite a double‑digit revenue decline.
Net Cash Position Provides Liquidity
Cash, cash equivalents and short‑term deposits totaled $52.3 million with total debt of $1.8 million, resulting in a net cash position of $50.4 million as of March 31, 2026 (down from $57.5 million at December 31, 2025).
Favorable Legal Outcome and Active Insurance Recourse
A jury in Colorado returned a verdict assigning no liability to Caesarstone; management has recorded a $48.8 million provision for silica claims and $11.6 million of related insurance receivables and is pursuing insurance interpretation proceedings to recover costs.
Forward Guidance — Positive Adjusted EBITDA Target
Management reiterated they are on track to achieve positive adjusted EBITDA in Q3 2026 under current operating assumptions, driven by restructuring run‑rate benefits, seasonal improvement and continued recovery in Australia.
CSTE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CSTE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | $1.32 | $1.49 | +12.88% |
Mar 04, 2026 | $1.23 | $0.89 | -27.64% |
Nov 12, 2025 | $1.03 | $0.99 | -3.88% |
Aug 06, 2025 | $1.77 | $1.67 | -5.65% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Caesarstone Sdot-Yam Ltd. (CSTE) report earnings?
Caesarstone Sdot-Yam Ltd. (CSTE) is schdueled to report earning on Aug 12, 2026, Before Open (Confirmed).
What is Caesarstone Sdot-Yam Ltd. (CSTE) earnings time?
Caesarstone Sdot-Yam Ltd. (CSTE) earnings time is at Aug 12, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What is CSTE EPS forecast?
Currently, no data Available