Ferroglobe-Globe Specialty Metals (GSM) Reports Q3 Loss, Misses Revenue Estimates

Globe Specialty Metals (GSM) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of$ 0.05. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -140.00%. A quarter ago, it was expected that this producer of silicon metal and silicon-based alloys would post a loss of$ 0.02 per share when it actually produced a loss of $0.08, delivering a surprise of -300%.Over the ...