MRC Global Inc expected to post earnings of 31 cents a share - Earnings Preview
06/05/2023 03:12
* MRC Global Inc MRC.N MRC is expected to show a rise in
quarterly revenue when it reports results on May 8.
* The Houston Texas-based company is expected to report a
15.3% increase in revenue to $855.2 million from $742 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. The company's guidance on February 14 2023,
for the period ended March 31, was for revenue between $719.74
million and $734.58 million.
* Refinitiv's mean analyst estimate for MRC Global Inc is
for
earnings of 31 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
$15, above its last closing price of $8.86.
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 2022 0.28 0.28 0.32 Beat 14.3
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. -0.03 -0.02 0.15 Beat 733.7
31 2021
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
This summary was machine generated May 6 at 02:12 GMT. All
figures in US dollars unless otherwise stated