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

Olympic Steel

06/05/2022 09:49

* Olympic Steel Inc  ZEUS.OQ  reported quarterly adjusted
earnings
of $3.23​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of $2.16 per share.
    * Revenue rose 50.4% to $696.33 million from a year ago; 
analysts
expected $544.55 million. 
    * Olympic Steel Inc's reported EPS for the quarter was
$3.23​.
    * The mean earnings estimate of analysts had risen by
about 145.5%
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 13.1% this
quarter and
gained 42.2% so far this year.
    * The company reported quarterly net income of $37.3
million.
    * Wall Street's median 12-month price target for Olympic
Steel Inc
is $40.00 
    * 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 May 6 at 08:49 a.m.  ​All
figures in US dollars unless otherwise stated