MRC Global Inc reports results for the quarter ended in June - Earnings Summary

MRC Global

09/08/2022 24:06

* MRC Global Inc  MRC.N  reported quarterly adjusted
earnings of
27 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
25 cents per share.
    * Revenue rose 23.6% to $848.00 million from a year ago;
analysts
expected $815.03 million. 
    * MRC Global Inc's reported EPS for the quarter was 9
cents​.
    * The mean earnings estimate of analysts had risen by
about 21.3%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * MRC Global Inc shares had risen by 14.9% this quarter and
gained 66.3% so far this year.
    * The company reported quarterly net income of $8 million.
    * Wall Street's median 12-month price target for MRC Global
Inc is
$16.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 8
at 11:06 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.25           0.27           Beat
 Mar. 31 2022      0.15           0.17           Beat
 Dec. 31 2021      -0.02          0.15           Beat
 Sep. 30 2021      0.06           0.09           Beat