Metallus Inc reports results for the quarter ended September 30 - Earnings Summary

Metallus

08/11/2024 21:02

* Metallus Inc  MTUS.N  reported a quarterly adjusted loss
of 9
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of 52
cents.  The mean expectation of three analysts for the quarter
was for earnings of 12 cents per share. Wall Street expected
results to range from -21 cents to 46 cents per share.
    * Revenue fell 35.9% to $227.20 million from a year ago;
analysts
expected $298.53 million. 
    * Metallus Inc's reported EPS for the quarter was a loss
of 13
cents​.
    * The company reported a quarterly loss of $5.9 million.
    * Metallus Inc shares had risen by 7.6% this quarter and
lost 31.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 57.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the iron & steel
peer
group is also "hold"

Wall Street's median 12-month price target for Metallus Inc is
20.00 
This summary was machine generated from LSEG data November 8 at
09:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.12           -0.09          Missed
 Jun. 30 2024      0.33           0.15           Missed
 Mar. 31 2024      0.37           0.56           Beat
 Dec. 31 2023      0.27           0.36           Beat