MRC Global Inc expected to post earnings of 16  cents a share - Earnings Preview

MRC Global

07/05/2022 03:04

* MRC Global Inc  MRC.N   MRC  is expected to show a rise in
quarterly revenue when it reports  results on May 9. 
    * The Houston Texas-based  company is expected to report  a
17.8% increase in revenue to $717.483 million from $609 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MRC Global Inc is
for
earnings of 16 cents per share. For the same quarter last year,
the company reported a loss of 7 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 47.9%
in the last three months. ​
    * Wall Street's median 12-month price target for MRC Global
Inc is
$14​, above​ its last closing price of $12.08. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.03       -0.02      0.15      Beat    733.7
 Sep. 30 2021  0.06        0.06       0.09      Beat    49.3
 Jun. 30 2021  0.05        0.04       0.08      Beat    113.7​
 Mar. 31 2021  -0.08       -0.08      -0.07     Beat    14
 ​​Dec.        -0.10       -0.10      -0.05     Beat    51
 31 2020                                                
 Sep. 30 2020  -0.17       -0.17      -0.10     Beat    40.3​
 Jun. 30 2020  -0.25       -0.26      -0.55     Missed  -115.4
 Mar. 31 2020  -0.08       -0.07      0.04      Beat    157.1
 This summary was machine generated May 7 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated