Radius Recycling Inc reports results for the quarter ended May 31 - Earnings Summary

Radius Recycling

01/07/2025 13:33

Radius Recycling Inc RDUS.OQ reported a quarterly adjusted loss of 39 cents​​ per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of -59 cents.  The mean expectation of three analysts for the quarter was for a loss of 56 cents per share. Wall Street expected results to range from -87 cents to -38 cents per share.

Revenue rose 7.9% to $726.99 million from a year ago; analysts expected $707.03 million.

Radius Recycling Inc's reported EPS for the quarter was a loss of 59 cents​.

The company reported a quarterly loss of $16.96 million.

Radius Recycling Inc shares had held steady so far this quarter and gained 95.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 16% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the iron & steel peer group is  "buy."

This summary was machine generated from LSEG data July 1 at 12:33 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
May. 31 2025
-0.56
-0.39
Beat
Feb. 28 2025
-1.01
-0.99
Beat
Nov. 30 2024
-0.43
-1.33
Missed
Aug. 31 2024
-0.59
-0.41
Beat