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MRC — MRC Global News Story

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MRC Global Inc expected to post earnings of 12 cents a share - Earnings Preview

* MRC Global Inc  MRC.N   MRC  is expected to show a fall in
quarterly revenue when it reports  results on February 13 for
the period ending December 31 2023
    * The Houston Texas-based  company is expected to report a
6.6% decrease in revenue to $811.22 million from $869 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data. (Majority is on Total Revenue Basis)
    * ​LSEG's mean analyst estimate for MRC Global Inc is for
earnings
of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for MRC Global
Inc is
$13.50​, above​ its last closing price of $10.69. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.36        0.36       0.32      Missed  -10.3
 Jun. 30 2023  0.39        0.39       0.25      Missed  -35.3
 Mar. 31 2023  0.31        0.31       0.32      Beat    2.1​
 Dec. 31 2022  0.28        0.28       0.32      Beat    14.3
 ​​Sep.        0.31        0.31       0.42      Beat    36.6
 30 2022                                                
 Jun. 30 2022  0.29        0.25       0.27      Beat    7.2​
 Mar. 31 2022  0.17        0.15       0.17      Beat    16.9
 Dec. 31 2021  -0.03       -0.02      0.15      Beat    733.7
 This summary was machine generated February 9 at 23:20 GMT.  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)

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