Russel Metals Inc reports results for the quarter ended December 31 - Earnings Summary

Russel Metals

13/02/2025 03:11

* Russel Metals Inc  RUS.TO  reported quarterly adjusted
earnings
of 48 cents​​ per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of 78 cents.  The mean expectation of six analysts for the
quarter was for earnings of 54 cents per share. Wall Street
expected results to range from 47 cents to 73 cents per share.
    * Revenue rose 2% to C$1.04 billion from a year ago;
analysts
expected C$1.06 billion. 
    * Russel Metals Inc's reported EPS for the quarter was 47
cents​.
    * The company reported quarterly net income of C$26.9
million.
    * Russel Metals Inc shares had fallen by 1.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 18.1%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * 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 also "buy"

Wall Street's median 12-month price target for Russel Metals Inc
is C$53.00 
This summary was machine generated from LSEG data February 13 at
03:11 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.54           0.48           Missed
 Sep. 30 2024      0.59           0.59           Met
 Jun. 30 2024      0.83           0.84           Beat
 Mar. 31 2024      0.80           0.82           Beat