Ferroglobe PLC (GSM)
NASDAQ:GSM
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Earnings Data
Report Date
Aug 17, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.08Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mix of encouraging operational momentum (notably strong volume growth in silicon-based and manganese alloys, 6% revenue growth, strategic investments in Coreshell, and regulatory actions expected to support markets in H2) alongside clear near-term financial and market challenges (very low adjusted EBITDA, negative free cash flow, higher net debt, silicon metal revenue declines, and cost/ logistics inflation). Management emphasized structural opportunities and optionality to expand into critical materials, but also cautioned that pricing, regional import pressure, and short-term cost inflation will weigh on margins in Q2 before anticipated improvement in the second half of 2026.Company Guidance
Volume Growth Across Key Alloy Segments
Total shipments rose 7% sequentially to 177,000 tons. Silicon-based alloys volumes increased 18% to 61,000 tons (highest level since Q2 2021). Manganese-based volumes increased 6% to 86,000 tons.
Revenue Improvement
Quarterly revenue increased 6% to $348 million, driven primarily by stronger ferroalloys volumes.
Manganese Segment Strength
Manganese revenue increased 16% to $107 million (from $93 million), realized prices rose ~9% to $1,250/ton, volumes up 6% to 86,000 tons, and adjusted EBITDA rose to $10 million with margins ~9%.
Silicon-Based Alloys Momentum
Silicon-based alloys revenue rose 18% to $122 million with volumes up 18% to 61,000 tons; realized prices were essentially flat at $2,016/ton. Management converted three silicon metal furnaces to ferrosilicon to capture stronger alloy demand.
Strategic Investments & Partnerships (Coreshell)
Increased investment in Coreshell to a total of $17 million (~10% ownership). Coreshell started production from a 60 amp pilot plant, has begun selling to robotics and defense customers, signed multiyear sampling/qualification agreements with automotive OEMs, and a multiyear silicon metal supply term sheet. Management estimates potential incremental silicon metal demand for batteries of ~70,000 tons by 2030–2031 related to Coreshell.
Regulatory/Trade Developments Supportive for H2
U.S. antidumping and anti-circumvention duties finalized for Angola and Laos (78.5% and 173.5% plus 10% general tariff) and additional U.S./EU trade actions expected. Management expects these measures and planned EU steel safeguards (effective July 1, 2026) to support pricing and demand in H2 2026.
Optionality to Expand into Critical Materials
Management identified ~10 prioritized critical materials (from >100 options) that may be produced with minimal to modest CapEx using existing furnace platform. Potential restart opportunity in Venezuela with 3 ferrosilicon furnaces (90,000 ton capacity) and a 30,000 ton manganese furnace convertible to silicon metal.
GSM 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
GSM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $4.78 | $4.73 | -1.05% |
Feb 17, 2026 | $4.80 | $5.00 | +4.15% |
Nov 05, 2025 | $4.48 | $4.11 | -8.20% |
Aug 05, 2025 | $4.00 | $4.36 | +9.03% |
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 Ferroglobe PLC (GSM) report earnings?
Ferroglobe PLC (GSM) is schdueled to report earning on Aug 17, 2026, TBA (Confirmed).
What is Ferroglobe PLC (GSM) earnings time?
Ferroglobe PLC (GSM) earnings time is at Aug 17, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GSM EPS forecast?
GSM EPS forecast for the fiscal quarter 2026 (Q2) is -0.04.