20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
MRC Global (NYSE:MRC) reported its Q4 earnings results on Tuesday, February 13, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
MRC Global beat estimated earnings by 91.67%, reporting an EPS of $0.23 versus an estimate of $0.12.
Revenue was down $101.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 2.62% drop in the share price the next day.
Here's a look at MRC Global's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.36 | 0.36 | 0.31 | 0.28 |
| EPS Actual | 0.32 | 0.25 | 0.32 | 0.32 |
| Revenue Estimate | 942.40M | 910.15M | 855.20M | 872.20M |
| Revenue Actual | 888.00M | 871.00M | 885.00M | 869.00M |
To track all earnings releases for MRC Global visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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