Russel Metals Inc expected to post earnings of 57 cents a share - Earnings Preview

Russel Metals

02/05/2025 22:36

Russel Metals Inc RUS.TO  is expected to show a rise in quarterly revenue when it reports  results on May 6 for the period ending March 31 2025

The Mississauga Ontario-based  company is expected to report a 7.8% increase in revenue to C$1.144 billion from C$1.06 billion a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for Russel Metals Inc is for earnings of 57 cents per share.

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 mean earnings estimate of analysts had fallen by about 8.8% in the last three months. ‚Äč

Wall Street's median 12-month price target for Russel Metals Inc is C$53.00‚Äč, above‚Äč its last closing price of C$40.32. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.52
0.54
0.48
Missed
-10.6
Sep. 30 2024
0.59
0.59
0.59
Met
0.9
Jun. 30 2024
0.83
0.83
0.84
Beat
1‚Äč
Mar. 31 2024
0.79
0.80
0.82
Beat
2.7
‚Äč‚ÄčDec. 31 2023
0.71
0.71
0.78
Beat
10.6
Sep. 30 2023
0.93
0.93
0.82
Missed
-11.4‚Äč
Jun. 30 2023
1.17
1.18
1.37
Beat
16.1
Mar. 31 2023
0.92
0.94
1.19
Beat
26.6

This summary was machine generated May 2 at 21:36 GMT.  All figures in Canadian 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)