MRC Global Inc expected to post earnings of 4 cents a share - Earnings Preview

MRC Global

28/07/2021 02:14

* MRC Global Inc  MRC.N   MRC  is expected to show a rise in
quarterly revenue when it reports results on July 29. 
* The Houston, Texas-based company is expected to report   a
9.5% increase in revenue to $659.2 million from $602 million a
year ago, according to the mean estimate from 7 analysts, based
on Refinitiv data. 
​* Refinitiv's mean analyst estimate for MRC Global Inc is for
earnings of 4 cents per share. For the same quarter last year,
the company reported a loss of 55 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 $12​, about 25.6% above​ its last closing price of $8.93. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Jun. 30 2020  -0.25       -0.26      -0.55     Missed  -115.4
 Mar.          -0.08​      -0.07      0.04      Beat    157.1​
 31​ 2020​                                              
 Dec. 31 2019  0.06        0.06       -0.24     Missed  -475.5
                                                        ​
 Sep. 30 2019  0.13        0.13       0.23      Beat    74.4
 Jun. 30 2019  0.22        0.22       0.21      Missed  -3.6
 This summary was machine generated July 28 at 01:14 GMT.  All
figures in US dollars unless otherwise stated