MRC Global Inc expected to post earnings of 6 cents a share - Earnings Preview

Reuters
2025/02/13
<a href="https://laohu8.com/S/MRC">MRC Global</a> Inc <mrc.n> expected to post earnings of 6 cents a share - Earnings Preview </mrc.n>
  • MRC Global Inc MRC.N, MRC is expected to show a fall in quarterly revenue when it reports results on February 14 (estimated) for the period ending December 31 2024

  • The Houston Texas-based company is expected to report a 5.4% decrease in revenue to $726.9 million from $768 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on November 6 2024, for the period ended December 31, was for revenue between $691.20 million and $729.60 million.

  • ​LSEG's mean analyst estimate for MRC Global Inc is for earnings of 6 cents per share.

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for MRC Global Inc is $17.00​, above​ its last closing price of $13.22. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.19

0.19

0.22

Beat

15.8

Jun. 30 2024

0.26

0.26

0.31

Beat

19.2

Mar. 31 2024

0.13

0.14

0.20

Beat

46.3​

Dec. 31 2023

0.12

0.12

0.23

Beat

97.1

​​Sep. 30 2023

0.36

0.36

0.32

Missed

-10.3

Jun. 30 2023

0.39

0.39

0.25

Missed

-35.3​

Mar. 31 2023

0.31

0.31

0.32

Beat

2.1

Dec. 31 2022

0.28

0.28

0.32

Beat

14.3

This summary was machine generated February 12 at 21:03 GMT. All figures in US 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)

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