Radius Recycling Inc reports results for the quarter ended February 28 - Earnings Summary

• Radius Recycling Inc RDUS.OQ reported a quarterly adjusted loss of 99 cents​​ per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of $-1.04. The mean expectation of three analysts for the quarter was for a loss of $1.01 per share. Wall Street expected results to range from $-1.08 to -95 cents per share.

• Revenue rose 3.5% to $643.00 million from a year ago; analysts expected $635.94 million.

• Radius Recycling Inc's reported EPS for the quarter was a loss of $1.15​.

• The company reported a quarterly loss of $32.98 million.

• Radius Recycling Inc shares had risen by 0.8% this quarter and gained 91.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 874.2% 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"

This summary was machine generated from LSEG data April 4 at 01:09 p.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)