Russel Metals Q1 2024 Earnings Report

Russel Metals EPS Results

• Actual EPS: C$0.82
• Consensus EPS: C$0.80
• Beat/Miss: Beat by +C$0.02
• One Year Ago EPS: N/A

Russel Metals Revenue Results

• Actual Revenue: $1.06 billion
• Expected Revenue: $1.16 billion
• Beat/Miss: Missed by -$94.40 million
• YoY Revenue Growth: N/A

Russel Metals Announcement Details

• Quarter: Q1 2024
• Date: 5/1/2024
• Time: N/A

Russel Metals (TSE:RUS) operates as a metal distribution and processing company in Canada and the United States. It operates in three segments: Metals Service Centers, Energy Field Stores, and Steel Distribution. The Metal Service Centers segment operates a network of metals service centers, which provide metal products in range of sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular, stainless steel, aluminum, and other non-ferrous specialty metal products. The Energy Field Stores segment offers specialized products, such as flanges, valves, fittings, and other products to energy industry. The Steel Distributors segment sells steel products to other steel service centers and equipment manufacturers, which include carbon steel plate, flat rolled products, beams, channels, and pipes. Russel Metals Inc. was incorporated in 1929 and is headquartered in Mississauga, Canada.