MRC Global Inc expected to post earnings of 14 cents a share - Earnings Preview
07/05/2024 03:06
* MRC Global Inc MRC.N MRC is expected to show a fall in
quarterly revenue when it reports results on May 8 for the
period ending March 31 2024
* The Houston Texas-based company is expected to report a
14.0% decrease in revenue to $760.76 million from $885 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.The company's guidance on February 14 2024, for the
period ended March 31, was for revenue between $744.96 million
and $768.00 million.
* LSEG's mean analyst estimate for MRC Global Inc is for
earnings
of 14 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
$15.00, above its last closing price of $11.59.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 1 0001 0.12 0.12 0.23 Beat 97.1
Sep. 30 0001 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. 0.28 0.28 0.32 Beat 14.3
31 2022
Jan. 1 0001 0.31 0.31 0.42 Beat 36.6
Jun. 30 2022 0.29 0.25 0.27 Beat 7.2
Mar. 31 2022 0.17 0.15 0.17 Beat 16.9
This summary was machine generated May 7 at 02:05 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)