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

Russel Metals

09/11/2022 23:51

* Russel Metals Inc  RUS.TO  reported quarterly adjusted
earnings
of C$1.45​​ per share for the quarter ended in September. The
mean expectation of seven analysts for the quarter was
for earnings of C$1.18 per share.
    * Revenue rose 14.6% to C$1.27 billion from a year ago;
analysts
expected C$1.26 billion. 
    * Russel Metals Inc's reported EPS for the quarter was
C$1.45​.
    * The mean earnings estimate of analysts had risen by
about 41.3%
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 16.9% this
quarter and
lost 10.7% so far this year.
    * The company reported quarterly net income of C$91.3
million.
    * Wall Street's median 12-month price target for Russel
Metals Inc
is C$36.00 
    * 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 November
9 at 11:51 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.18           1.45           Beat
 Jun. 30 2022      1.46           1.96           Beat
 Mar. 31 2022      1.24           1.56           Beat
 Dec. 31 2021      1.48           1.65           Beat