Metallus reports Q4 adjusted EPS (8c), consensus 0c

Reports Q4 revenue $240.5M, consensus $241.6M. Cash and cash equivalents balance was $240.7M with total liquidity of $458.6M at the end of 2024. “During 2024, we continued to invest in our assets aimed at improving safety, quality and efficiency while also returning capital to shareholders. In addition, we maintained robust training and development opportunities for our employees. Weak demand across the majority of our end markets drove lower shipments and melt utilization during 2024, resulting in disappointing financial performance for the year. Despite challenging market conditions, we focused on what we could control with an emphasis on nurturing our valued partnerships with our customers and suppliers,” stated Mike Williams, president, and CEO.