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

MRC Global

07/08/2023 23:15

* MRC Global Inc  MRC.N  reported quarterly adjusted
earnings of
21 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
39 cents per share.
    * Revenue rose 2.7% to $871.00 million from a year ago;
analysts
expected $914.58 million. 
    * MRC Global Inc's reported EPS for the quarter was 21
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * MRC Global Inc shares had risen by 10.9% this quarter and
lost 3.5% so far this year.
    * The company reported quarterly net income of $18 million.
    * Wall Street's median 12-month price target for MRC Global
Inc is
$15.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 10:15 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.39           0.21           Missed
 Mar. 31 2023      0.31           0.32           Beat
 Dec. 31 2022      0.28           0.32           Beat
 Sep. 30 2022      0.31           0.42           Beat