Constellium NV (CSTM) Releases Earnings Results, Misses Expectations By $-0.11 EPS

Constellium NV (CSTM) reported quarterly earnings results on Tuesday, Aug-2-2016. The company reported $0.08 earnings per share for the quarter, missing the analyst consensus estimate by $-0.11. Analysts had a consensus of $0.19. The company posted revenue of $1233.00 million in the period, compared to analysts expectations of $1273.09 million. The company’s revenue was down -10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.61 EPS.

Many Wall Street Analysts have commented on Constellium NV. Constellium NV was Downgraded by Societe Generale to ” Hold” on May 20, 2016.

Constellium NV closed down -0.02 points or -0.38% at $5.31 with 5,92,744 shares getting traded on Friday. Post opening the session at $5.3, the shares hit an intraday low of $5.26 and an intraday high of $5.45 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Constellium N.V. formerly Constellium Holdco BV is a Netherlands-based company which is engaged in the manufacture of aluminum products and solutions. The Company is a supplier of such sectors as: aerospace automotive and packaging. The Company offers plates sheet and coil precision casting cockpit carriers for vehicles vehicle safety components profiles as well as tubes and bars among others. Its main customers include: Airbus Boeing Embraer Audi BMW Citroen Renault Mercedes Benz Jaguar and others. The Company is active domestically and abroad including North America Europe and Asia.

Constellium NV

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