Olympic Steel Inc expected to post earnings of 10 cents a share - Earnings Preview

Olympic Steel

18/02/2025 21:46

* Olympic Steel Inc  ZEUS.OQ   ZEUS.O  is expected to show a
fall
in quarterly revenue when it reports  results on February 20 for
the period ending December 31 2024
    * The Highland Hills Ohio-based  company is expected to
report a
8.1% decrease in revenue to $449.577 million from $489.41
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Olympic Steel Inc is for
earnings of 10 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "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 Olympic
Steel Inc
is $47.75​, above​ its last closing price of $35.35. ​​​

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  0.32        0.31       0.23      Missed  -25
 Jun. 30 2024  0.54        0.55       0.66      Beat    20.7
 Mar. 31 2024  0.74        0.72       0.75      Beat    4.2​
 Dec. 31 2023  0.31        0.30       0.64      Beat    115.7
 ​​Sep.        0.85        0.85       0.81      Missed  -4.7
 30 2023                                                
 Jun. 30 2023  1.21        1.22       1.30      Beat    6.6​
 Mar. 31 2023  0.69        0.71       0.85      Beat    19.7
 Dec. 31 2022  0.22        0.21       0.34      Beat    59.4
 This summary was machine generated February 18 at 21:46 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)