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

• Ryerson Holding Corp RYI.N reported a quarterly adjusted loss of 18 cents​​ per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of two analysts for the quarter was for a loss of 23 cents per share. Wall Street expected results to range from -24 cents to -23 cents per share.

• Revenue fell 8.4% to $1.14 billion from a year ago; analysts expected $1.16 billion.

• The company reported a quarterly loss of $5.6 million.

• Ryerson Holding Corp shares had fallen by 0.2% this quarter and gained 23.8% so far this year.

FORECAST CHANGES

• In the last 30 days, one analyst negatively revised an earnings estimate

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 $26.00

This summary was machine generated from LSEG data April 30 at 10:33 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)