MRC Global Inc expected to post earnings of 6 cents a share - Earnings Preview
19/02/2025 21:08
* MRC Global Inc MRC.N MRC is expected to show a fall in
quarterly revenue when it reports results on February 21
(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 $13.05.
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 19 at 21:08 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)