NYSE$EAF
GrafTech International Ltd. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Delivered solid results in a challenging operating environment.
GrafTech International Ltd. reported solid results for Q2 2022, with net income of $115 million and adjusted EBITDA of $158 million. The company's performance was driven by improved pricing on non-LTA volume, which offset a shift in business mix to non-LTA volume. GrafTech also strengthened its balance sheet by reducing debt by $40 million and repurchasing $30 million of its common stock.
- Net income of $115 million
- Earnings per share and adjusted earnings per share of $0.44
- Adjusted EBITDA of $158 million, for a 44% adjusted EBITDA margin
- Sales volume of 42 thousand metric tons, a decrease of 1% compared to the second quarter of 2021
Headline financials
Revenue & EPS history
GrafTech · Revenue · Quarterly
$364M
Forward guidance
The operating environment for the steel industry remains volatile, with softening in certain markets. The near-term outlook is becoming more challenging with higher raw material, energy and logistics costs, as well as the impact of the ongoing conflict between Ukraine and Russia.
Tailwinds
- Continue to strengthen our commercial capabilities
- Prudently manage operating and capital expenditures
- Continue to focus on reducing our long-term debt
- Continue to invest in our product and service capabilities
- Optimally positioned to participate in longer-term demand growth for graphite electrodes
Headwinds
- Softening in certain markets, such as Western Europe
- Higher raw material costs
- Higher energy costs
- Higher logistics costs
- Impact of the ongoing conflict between Ukraine and Russia
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
-4.0%
Avg return
Earnings day
-4.9%
Avg return
5 days after
-3.1%
Avg return
30 days after
39%
13 / 33 earnings
Positive
+14.3%
Q4 2020
Best reaction
-46.2%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.7% | +11.2% | +15.6% | |
| Q4 2025 | -46.2% | -51.7% | -62.8% | |
| Q3 2025 | -1.9% | -24.7% | -30.0% | |
| Q1 2025 | +7.8% | -3.1% | +59.3% | |
| Q4 2024 | -9.4% | -31.5% | -22.1% | |
| Q3 2024 | +3.9% | +2.4% | -7.2% | |
| Q2 2024 | -3.5% | -8.9% | -13.0% | |
| Q1 2024 | +3.1% | +3.7% | +10.6% | |
| Q4 2023 | +7.6% | +5.3% | +26.5% | |
| Q3 2023 | -23.6% | -28.9% | -22.1% | |
| Q2 2023 | -21.8% | -15.7% | -31.5% | |
| Q1 2023 | -9.9% | -14.0% | -5.7% | |
| Q4 2022 | -16.2% | -17.9% | -12.3% | |
| Q3 2022 | -3.1% | -10.5% | +7.6% | |
| Q2 2022 | -13.0% | -11.6% | -25.6% | |
| Q1 2022 | -8.9% | -13.0% | -2.0% | |
| Q4 2021 | -12.6% | -8.0% | -13.2% | |
| Q3 2021 | +12.7% | +11.4% | +5.6% | |
| Q2 2021 | -6.6% | -0.3% | -4.1% | |
| Q1 2021 | -2.0% | -6.2% | -2.0% | |
| Q4 2020 | +14.3% | +20.4% | +11.8% | |
| Q3 2020 | -9.3% | +0.3% | +39.2% | |
| Q2 2020 | +9.3% | +9.3% | +1.9% | |
| Q1 2020 | -14.3% | -14.8% | +11.5% | |
| Q4 2019 | -5.6% | -5.4% | -31.9% | |
| Q3 2019 | +2.2% | +8.6% | -3.0% | |
| Q2 2019 | -1.6% | -5.3% | +9.0% | |
| Q1 2019 | +2.2% | +6.7% | -13.4% | |
| Q4 2018 | +0.8% | +7.6% | -5.8% | |
| Q3 2018 | -0.6% | -4.3% | -13.6% | |
| Q2 2018 | +0.4% | -2.5% | -15.6% | |
| Q4 2017 | +8.3% | +14.0% | +18.6% | |
| Q1 2018 | +8.3% | +14.0% | +18.6% | |
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