MRC Global Inc expected to post earnings of 26 cents a share - Earnings Preview

MRC Global

02/08/2024 21:57

* MRC Global Inc  MRC.N   MRC  is expected to show a fall in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Houston Texas-based  company is expected to report a
4.6% decrease in revenue to $831.32 million from $871 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for MRC Global Inc is for
earnings
of 26 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
$16.00​, above​ its last closing price of $13.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.13        0.14       0.20      Beat    46.3
 Jan. 1 2024   0.12        0.12       0.23      Beat    97.1
 Jan. 1 0001   0.36        0.36       0.32      Missed  -10.3​
 Jan. 1 0001   0.39        0.39       0.25      Missed  -35.3
 ​​Mar.        0.31        0.31       0.32      Beat    2.1
 31 2023                                                
 Dec. 31 2022  0.28        0.28       0.42      Beat    14.3​
 Jan. 1 0001   0.31        0.31       0.42      Beat    36.6
 Jan. 1 0001   0.29        0.25       0.27      Beat    7.2
 This summary was machine generated August 2 at 20:57 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)