Russel Metals Q3 revenue slightly beats estimates at C$1.2 bln

Russel Metals

05/11/2025 22:12

Overview

Russel Metals Q3 2025 revenue slightly beats analyst expectations at C$1.2 bln

EPS for Q3 2025 was C$0.63, up from C$0.59 in Q3 2024

Company announces acquisition of Kloeckner service centers for US$118.6 mln

Outlook

Company expects fourth-quarter margins to be consistent with late third-quarter levels

Russel Metals anticipates seasonal reduction in shipments in fourth quarter due to holidays

Company foresees benefits from U.S. industrial base rebuilding and infrastructure investments

Result Drivers

ACQUISITIONS BOOST - Revenue increase attributed to full quarter contributions from 2024 acquisitions, including Samuel and Tampa Bay Steel

GROSS MARGIN IMPROVEMENT - Average gross margin grew to 22.0% for the first nine months of 2025, up from 21.0% in the same period of 2024

RESTRUCTURING COSTS - Q3 results negatively impacted by C$4 mln restructuring charge for Delta service center closure

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Beat*
C$1.2 bln
C$1.19 bln (4 Analysts)
Q3 EPS
C$0.63
Q3 Net Income
C$35 mln
Q3 EBIT
C$51.60 mln
Q3 EBITDA
C$75 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Press Release: ID:nPn7R48Jya

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(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.)