MRC Global Inc expected to post earnings of 39  cents a share - Earnings Preview

MRC Global

05/08/2023 24:51

* MRC Global Inc  MRC.N   MRC  is expected to show a rise in
quarterly revenue when it reports  results on August 7. 
    * The Houston Texas-based  company is expected to report  a
7.9% increase in revenue to $914.575 million from $848 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. The company's guidance on May 9 2023, for the
period ended June 30, was for revenue between $893.85 million
and $911.55 million.
    * ​Refinitiv's mean analyst estimate for MRC Global Inc is
for
earnings of 39 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 $11.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.31        0.31       0.32      Beat    2.1
 Dec. 31 2023  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.        0.17        0.15       0.17      Beat    16.9
 31 2022                                                
 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. 30 2021  0.05        0.04       0.08      Beat    113.7
 This summary was machine generated August 4 at 23:51 GMT.  All
figures in US dollars  unless otherwise stated