Metallus Q1 sales beat analyst estimates

Metallus

04/05/2026 21:21

Overview

US specialty metals maker's Q1 net sales rose 10% yr/yr, beating analyst expectations

Adjusted EBITDA climbed 39% yr/yr, driven by higher shipments and improved manufacturing

Company repurchased $4.3 mln in shares and invested $24.7 mln in capital expenditures

Outlook

Metallus expects Q2 adjusted EBITDA to be modestly higher than Q1 and Q2 2025

Company expects Q2 shipments to increase modestly, in the low single digits percentage-wise

Metallus anticipates Q2 price and mix to be similar to Q1, with improvement in H2 2026

Result Drivers

HIGHER SHIPMENTS - Co said net sales growth was driven by increased shipments across most end-markets

IMPROVED MANUFACTURING - Co cited improved fixed-cost leverage from higher production volumes and higher melt utilization

PRICING AND SURCHARGES - Higher raw material surcharge revenue per ton and increased average base sales prices contributed to sales growth

Company press release: ID:nPn79Mjqja

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$308.3 mln
$303.47 mln (3 Analysts)
Q1 EPS
$0.13
Q1 Net Income
$5.4 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the iron & steel peer group is "buy"

Wall Street's median 12-month price target for Metallus Inc is $21.00, about 9.7% above its May 1 closing price of $19.14

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 17 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)