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MRC — MRC Global News Story

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MRC Global Inc expected to post earnings of 6 cents a share - Earnings Preview

* MRC Global Inc  MRC.N   MRC  is expected to show a fall in
quarterly revenue when it reports  results on February 14
(estimated) for the period ending December 31 2024
    * The Houston Texas-based  company is expected to report a
5.4% decrease in revenue to $726.9 million from $768 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.The company's guidance on November 6 2024, for the
period ended December 31, was for revenue between $691.20
million and $729.60 million.
    * ​LSEG's mean analyst estimate for MRC Global Inc is for
earnings
of 6 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "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
$17.00​, above​ its last closing price of $13.22. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.19        0.19       0.22      Beat    15.8
 Jun. 30 2024  0.26        0.26       0.31      Beat    19.2
 Mar. 31 2024  0.13        0.14       0.20      Beat    46.3​
 Dec. 31 2023  0.12        0.12       0.23      Beat    97.1
 ​​Sep.        0.36        0.36       0.32      Missed  -10.3
 30 2023                                                
 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
 This summary was machine generated February 12 at 21:03 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)

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