What to Expect from Ryerson Holding's Earnings

Ryerson Holding RYI is gearing up to announce its quarterly earnings on Tuesday, 2024-10-29. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Ryerson Holding will report an earnings per share (EPS) of $0.06.

The announcement from Ryerson Holding is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Past Earnings Performance

Last quarter the company beat EPS by $0.12, which was followed by a 4.0% drop in the share price the next day.

Here's a look at Ryerson Holding's past performance and the resulting price change:

Performance of Ryerson Holding Shares

Shares of Ryerson Holding were trading at $21.65 as of October 25. Over the last 52-week period, shares are down 22.82%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

To track all earnings releases for Ryerson Holding visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.