Ryerson Holding Corp reports results for the quarter ended December 31 - Earnings Summary

• Ryerson Holding Corp RYI.N reported a quarterly adjusted loss of 14 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 73 cents. The mean expectation of two analysts for the quarter was for a loss of 48 cents per share. Wall Street expected results to range from -55 cents to -42 cents per share.

• Revenue fell 9.4% to $1.01 billion from a year ago; analysts expected $1.02 billion.

• Ryerson Holding Corp's reported EPS for the quarter was a loss of 13 cents​.

• Ryerson Holding Corp shares had risen by 24.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the iron & steel peer group is also "hold"

Wall Street's median 12-month price target for Ryerson Holding Corp is $23.00

This summary was machine generated from LSEG data February 21 at 01:00 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)