Recap: MRC Global Q3 Earnings

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MRC Global MRC reported its Q3 earnings results on Monday, November 8, 2021 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

MRC Global their estimated earnings by 50.0%, reporting an EPS of $0.09 versus an estimate of $0.06, which surprised analysts.

Revenue was up $100,000,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04, which was followed by a 5.46% drop in the share price the next day.

Here's a look at MRC Global's past performance:

 

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020
EPS Estimate 0.04 -0.08 -0.10 -0.16
EPS Actual 0.08 -0.07 -0.05 -0.10
Revenue Estimate 659.20M 565.67M 548.42M 567.60M
Revenue Actual 686.00M 609.00M 579.00M 585.00M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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Posted In: EarningsBZI-Recaps
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