Russel Metals Inc reports results for the quarter ended in June - Earnings Summary

Russel Metals

11/08/2022 24:11

* Russel Metals Inc  RUS.TO  reported quarterly adjusted
earnings
of C$1.96​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of C$1.46 per share.
    * Revenue rose 27.5% to C$1.36 billion from a year ago;
analysts
expected C$1.29 billion. 
    * Russel Metals Inc's reported EPS for the quarter was
C$1.96​.
    * The mean earnings estimate of analysts had risen by
about 5.9%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Russel Metals Inc shares had risen by 5.2% this
quarter and
lost 18.6% so far this year.
    * The company reported quarterly net income of C$124
million.
    * Wall Street's median 12-month price target for Russel
Metals Inc
is C$38.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 10
at 11:11 p.m.  ​All figures in Canadian dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.46           1.96           Beat
 Mar. 31 2022      1.24           1.56           Beat
 Dec. 31 2021      1.48           1.65           Beat
 Sep. 30 2021      1.40           2.10           Beat