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

MRC Global

09/05/2022 23:41

* MRC Global Inc  MRC.N  reported quarterly adjusted
earnings of
12 cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
16 cents per share.
    * Revenue rose 21.8% to $742.00 million from a year ago; 
analysts
expected $717.48 million. 
    * MRC Global Inc's reported EPS for the quarter was 12
cents​.
    * The mean earnings estimate of analysts had risen by
about 49.4%
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 1.4% this quarter and
gained 75.6% so far this year.
    * The company reported quarterly net income of $10 million.
    * Wall Street's median 12-month price target for MRC Global
Inc is
$14.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 9 at 10:41 p.m.  ​All
figures in US dollars unless otherwise stated