Metallus Inc. (MTUS) stock soared 5.50% in pre-market trading on Friday, following the release of its second-quarter 2025 financial results that exceeded analyst expectations. The specialty steel manufacturer reported impressive earnings and revenue growth, showcasing the company's strong performance and operational improvements.
Key highlights from Metallus's Q2 2025 earnings report include: - Adjusted earnings per share of $0.20, surpassing the analyst consensus of $0.18 and marking a 33.3% increase from the same quarter last year. - Revenue growth of 3.4% year-over-year, reaching $304.60 million and beating the expected $296.13 million. - A 12% increase in shipment volumes compared to Q2 2024, contributing to the strong financial performance.
The company's operational efficiency also showed significant improvement, with manufacturing utilization rising to 71% from 53% in the previous year. This enhancement led to better cost absorption and margin improvements. Additionally, Metallus reported a positive free cash flow of $32.3 million, a substantial turnaround from the $5.8 million outflow in the same quarter last year. Despite projecting a "modestly lower" adjusted EBITDA for Q3 2025 due to planned maintenance, investors appear optimistic about Metallus's overall trajectory and its strengthening position in high-margin markets such as aerospace and defense.