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Russel Metals Inc (RUSMF)
OTHER OTC:RUSMF
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Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.42Last Year’s EPS
0.54Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2018
|% Change Since: -4.09%
|Next Earnings Date:Aug 09, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mix of strong cash flow and successful integration of the Samuel acquisition, but also highlighted challenges such as lower steel service center margins and a decline in EBITDA and EPS. The company remains optimistic about future growth opportunities and market share gains.Company Guidance
During the Q3 2024 earnings call for Russel Metals, the company provided several metrics and insights into their financial performance and strategic initiatives. The company generated $163 million in cash from operating activities, including $107 million from noncash working capital, despite a decline in earnings. The Samuel acquisition was highlighted, contributing $69 million to revenue and $2 million to EBITDA in the quarter, though it temporarily impacted margins. Russel Metals reported a net cash position of $73 million after the acquisition and noted a 13% annualized return on invested capital. The company also executed share buybacks, acquiring 1.2 million shares for $46 million, and maintained a dividend of $0.42 per share. Their capital structure was strengthened with a new $600 million bank facility, and they redeemed $150 million of notes in October. Looking ahead, Russel Metals plans to continue integrating the Samuel acquisition, optimizing inventory, and exploring further acquisition opportunities, while maintaining a balanced capital allocation strategy focused on growth and shareholder returns.Strong Cash Flow Generation
Generated $163 million of cash from operating activities, including $107 million from noncash working capital.
Successful Samuel Acquisition
The Samuel acquisition is integrating well, contributing $69 million to revenue and $2 million to EBITDA in Q3.
Net Cash Position
The company is in a net cash position of $73 million after funding the Samuel transaction.
Share Buyback Program
1.2 million shares repurchased, totaling $46 million before tax, part of a cumulative 10% share reduction since August 2022.
Energy Field Stores Performance
Energy field stores had a strong quarter with increased revenues and stable margins.
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RUSMF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RUSMF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $29.60 | $31.63 | +6.86% |
| Jul 31, 2024 | $28.76 | $27.99 | -2.68% |
| May 01, 2024 | $27.29 | $28.56 | +4.65% |
| Feb 08, 2024 | $32.43 | $31.58 | -2.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Russel Metals Inc (RUSMF) report earnings?
Russel Metals Inc (RUSMF) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is Russel Metals Inc (RUSMF) earnings time?
Russel Metals Inc (RUSMF) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RUSMF EPS forecast?
RUSMF EPS forecast for the fiscal quarter 2024 (Q4) is 0.42.
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