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

Olympic Steel

05/08/2021 23:35

* Olympic Steel Inc  ZEUS.OQ  reported quarterly adjusted
earnings of $2.58​​ per share for the quarter ended in June. The
mean expectation of three analysts for the quarter was
for earnings of $1.93 per share.
* Revenue rose 124% to $556.08 million from a year ago; 
analysts expected $508.05 million. 
* Olympic Steel Inc's reported EPS for the quarter was $2.58​.
* The mean earnings estimate of analysts had risen by
about 80.1% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Olympic Steel Inc shares had fallen by 4.1% this quarter and
gained 111.5% so far this year.
* The company reported quarterly net income of $29.65 million.
* Wall Street's median 12-month price target for Olympic Steel
Inc is $33.00 
* 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 August 5 at 10:35 p.m.  ​All
figures in US dollars unless otherwise stated