Canada's Russel Metals Q2 revenue up 3%

Russel Metals

07/08/2025 22:12

Overview

Russel Metals Q2 2025 revenue grows 3% from Q1, reaching C$1.2 bln

Company's EBITDA rises 26% from Q1, reaching C$108 mln

EPS increases 43% from Q1 to $1.07, reflecting improved performance

Outlook

Russel Metals expects margin moderation in Q3 due to inventory costs

Company anticipates seasonal shipment reduction in Q3 2025

Russel Metals sees medium-term benefits from U.S. manufacturing growth

Energy field stores expected to gain market share in 2025

Result Drivers

HIGHER METAL PRICES - Co attributes revenue growth to higher metal prices and steady demand

ENERGY SEGMENT IMPROVEMENT - Energy field store segment saw higher revenues and margins due to improving conditions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
C$1.07
Q2 Net Income
C$60.40 mln
Q2 EBIT
C$84.60 mln
Q2 EBITDA
C$107.80 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the iron & steel peer group is "buy"

Wall Street's median 12-month price target for Russel Metals Inc is C$53.25, about 18.4% above its August 6 closing price of C$43.47

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nCNWh12n6a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)