Olympic Steel Inc expected to post earnings of 93cents a share - Earnings Preview

Olympic Steel

02/11/2022 02:10

* Olympic Steel Inc  ZEUS.OQ   ZEUS.O  is expected to show a
fall
in quarterly revenue when it reports  results on November 3. 
    * The Bedford Heights Ohio-based  company is expected to
report  a
2.5% decrease in revenue to $651.467 million from $668.47
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Olympic Steel Inc
is for
earnings of 93 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 $34.5​, above​ its last closing price of $28.23. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  2.78        2.72       3.26      Beat    19.7
 Mar. 31 2022  2.18        2.16       3.23      Beat    49.5
 Dec. 31 2021  2.09        2.07       2.16      Beat    4.2​
 Sep. 30 2021  2.60        2.53       3.64      Beat    43.7
 ​​Jun.        1.96        1.93       2.58      Beat    33.9
 30 2021                                                
 Mar. 31 2021  1.29        1.29       1.91      Beat    48.4​
 Dec. 31 2020  0.06        0.07       0.16      Beat    146.2
 Sep. 30 2020  -0.14       -0.14      -0.14     Met     0
 This summary was machine generated November 2 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated