MRC Global Inc expected to post earnings of 28cents a share - Earnings Preview

MRC Global

11/02/2023 24:34

* MRC Global Inc  MRC.N   MRC  is expected to show a rise in
quarterly revenue when it reports  results on February 13. 
    * The Houston Texas-based  company is expected to report  a
27.1% increase in revenue to $872.2 million from $686 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. The company's guidance on November 9 2022,
for the period ended December 31, was for revenue between
$651.70 million and $672.28 million.
    * ​Refinitiv's mean analyst estimate for MRC Global Inc is
for
earnings of 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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​, above​ its last closing price of $13.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  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​
 Dec. 31 2021  -0.03       -0.02      0.15      Beat    733.7
 ​​Sep.        0.06        0.06       0.09      Beat    49.3
 30 2021                                                
 Jun. 30 2021  0.05        0.04       0.08      Beat    113.7​
 Mar. 31 2021  -0.08       -0.08      -0.07     Beat    14
 Dec. 31 2020  -0.10       -0.10      -0.05     Beat    51
 This summary was machine generated February 11 at 00:34 GMT. 
All figures in US dollars  unless otherwise stated