MRC Global: Q4 Earnings Insights

MRC Global MRC reported its Q4 earnings results on Tuesday, February 13, 2024 at 04:15 PM.

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

Earnings

MRC Global beat estimated earnings by 91.67%, reporting an EPS of $0.23 versus an estimate of $0.12.

Revenue was down $101.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 2.62% drop in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.36 0.36 0.31 0.28
EPS Actual 0.32 0.25 0.32 0.32
Revenue Estimate 942.40M 910.15M 855.20M 872.20M
Revenue Actual 888.00M 871.00M 885.00M 869.00M

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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