MRC Global (NYSE: MRC) is set to announce its financial results for the third quarter of 2024 on Tuesday 5th November 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.
According to predictions from financial analysts on Wall Street, the business is expected to report an estimated per share $0.19 profit for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $794.16 million during this period.
Wall street analysts expect the company to generate a total revenue of $3.21 billion for the entire year. Additionally, these analysts also foresee the company achieving an estimated profit of $0.89 per share for the fiscal year.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $0.32 per share. This number was attributed to the company's total revenue, which settled at an impressive $888 million during the same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.31 | +24.0% | 832.00 M | -4.5% |
| Q1 2024 | $0.20 | -37.5% | 806.00 M | -8.9% |
| Q4 2023 | $0.23 | -28.1% | 768.00 M | -11.6% |
| Q3 2023 | $0.32 | -23.8% | 888.00 M | -1.8% |
| Q2 2023 | $0.25 | -7.4% | 871.00 M | +2.7% |
| *Growth on year-over-year basis | ||||
MRC will host a conference call with investment community on 6th November 2024 at 10:00 AM eastern time to discuss the financial results.
During Friday's trading, MRC Global (MRC) shares reached a low of $12.05 and a high of $12.44, along with a total volume of 481.40 thousand shares. The stock ended the regular trading session at $12.18, reflecting fall of 0.65 percent.
