Ryerson Q2 Adjusted Earnings, Revenue Rise; Q3 Revenue Outlook Set

MT Newswires Live
07/30

Ryerson Holding (RYZ) reported Q2 adjusted earnings Thursday of $0.52 per diluted share, up from $0.08 a year earlier.

Two analysts surveyed by FactSet expected $0.41.

Revenue for the quarter ended June 30 was $2.01 billion, up from $1.17 billion a year earlier.

Two analysts expected $1.90 billion.

The company expects Q3 revenue to be between $1.87 billion and $1.95 billion. Two analysts expect $1.86 billion.

The company's board maintained its Q2 dividend at $0.1875 per share, payable Sept. 17 to stockholders of record as of Sept. 3.

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