Olympic Steel Inc reports results for the quarter ended in December - Earnings Summary

Olympic Steel

24/02/2023 01:42

* Olympic Steel Inc  ZEUS.OQ  reported quarterly adjusted
earnings
of 34 cents​​ per share for the quarter ended in December. The
mean expectation of three analysts for the quarter was
for earnings of 21 cents per share.
    * Revenue fell 16.7% to $520.04 million from a year ago;
analysts
expected $568.63 million. 
    * Olympic Steel Inc's reported EPS for the quarter was 34
cents​.
    * The mean earnings estimate of analysts had risen by
about 8.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Olympic Steel Inc shares had risen by 37.4% this quarter.
    * The company reported quarterly net income of $3.96
million.
    * Wall Street's median 12-month price target for Olympic
Steel Inc
is $34.50 
    * 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." 

This summary was machine generated from Refinitiv data February
24 at 01:42 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.21           0.34           Beat
 Sep. 30 2022      0.93           1.04           Beat
 Jun. 30 2022      2.72           3.26           Beat
 Mar. 31 2022      2.16           3.23           Beat