MRC Global Inc expected to post earnings of 31cents a share - Earnings Preview

MRC Global

05/11/2022 01:37

* MRC Global Inc  MRC.N   MRC  is expected to show a rise in
quarterly revenue when it reports  results on November 8. 
    * The Houston Texas-based  company is expected to report  a
29.6% increase in revenue to $888.06 million from $685 million a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. 
    * ​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 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
$15​, above​ its last closing price of $10.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  0.06        0.06       0.09      Beat    49.3
 ​​Jun.        0.05        0.04       0.08      Beat    113.7
 30 2021                                                
 Mar. 31 2021  -0.08       -0.08      -0.07     Beat    14​
 Dec. 31 2020  -0.10       -0.10      -0.05     Beat    51
 Sep. 30 2020  -0.17       -0.17      -0.10     Beat    40.3
 This summary was machine generated November 5 at 01:37 GMT.  All
figures in US dollars  unless otherwise stated