MRC Global: Q2 Earnings Insights

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MRC Global MRC reported its Q2 earnings results on Monday, August 8, 2022 at 04:15 PM.

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

Earnings

MRC Global beat estimated earnings by 8.0%, reporting an EPS of $0.27 versus an estimate of $0.25.

Revenue was up $162.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 12.39% drop in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.15 -0.02 0.06 0.04
EPS Actual 0.17 0.17 0.09 0.08
Revenue Estimate 717.48M 685.03M 704.27M 659.20M
Revenue Actual 742.00M 686.00M 685.00M 686.00M

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.

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