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

Olympic Steel

03/11/2022 22:35

* Olympic Steel Inc  ZEUS.OQ  reported quarterly adjusted
earnings
of $1.04​​ per share for the quarter ended in September. The
mean expectation of three analysts for the quarter was
for earnings of 93 cents per share.
    * Revenue fell 5.1% to $634.44 million from a year ago;
analysts
expected $651.47 million. 
    * Olympic Steel Inc's reported EPS for the quarter was
$1.04​.
    * The mean earnings estimate of analysts had fallen by
about 53.5%
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 18.2% this
quarter and
gained 14.7% so far this year.
    * The company reported quarterly net income of $12.05
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 November
3 at 10:35 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.93           1.04           Beat
 Jun. 30 2022      2.72           3.26           Beat
 Mar. 31 2022      2.16           3.23           Beat
 Dec. 31 2021      2.07           2.16           Beat