Ryerson sees Q1 EPS (27c) to (20c), one estimate (23c)

Sees Q1 revenue $1.12B-$1.15B. For the first quarter of 2025, Ryerson (RYI) expects customer shipments to increase 11% to 13% quarter-over-quarter due to seasonality, improved company driven transactional activity, and restocking. The Company anticipates first quarter net sales to be in the range of $1.12 billion to $1.15 billion, with average selling prices increasing 0% to 2%. LIFO expense in the first quarter of 2025 is expected to be between $6 million to 8 million.