MRC Global Inc expected to post earnings of 36  cents a share - Earnings Preview

MRC Global

04/11/2023 03:07

* MRC Global Inc  MRC.N   MRC  is expected to show a rise in
quarterly revenue when it reports  results on November 7. 
    * The Houston Texas-based  company is expected to report  a
4.0% increase in revenue to $940.2 million from $904 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data. 
    * ​Refinitiv's mean analyst estimate for MRC Global Inc is
for
earnings of 36 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
$13.25​, above​ its last closing price of $11.32. ​​​

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 2023  0.39        0.39       0.25      Missed  -35.3
 Mar. 31 2023  0.31        0.31       0.32      Beat    2.1
 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.        0.29        0.25       0.27      Beat    7.2
 30 2022                                                
 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
 This summary was machine generated November 4 at 03:06 GMT.  All
figures in US dollars  unless otherwise stated