MRC Global Announces Third Quarter 2024 Results
MRC Global Inc. (MRC)
Last mrc global inc. earnings: 4/28 04:15 pm
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US:NYSE Investor Relations:
investor.mrcglobal.com/investor-overview
Company Research
Source: GlobeNewswire
HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) today announced third quarter 2024 results. Net income attributable to common stockholders for the third quarter of 2024 was $23 million, or $0.27 per diluted share, and was $29 million, or $0.33 per diluted share for the third quarter of 2023. Adjusted net income attributable to common stockholders for the third quarter of 2024 was $19 million, or $0.22 per diluted share, as compared to the third quarter of 2023 result of $28 million, or $0.32 per diluted share. MRC Global’s third quarter 2024 gross profit was $160 million, or 20.1% of sales, as compared to the third quarter 2023 gross profit of $183 million, or 20.6% of sales. Gross profit for the third quarter includes $5 million and $4 million of income for 2024 and 2023, respectively, in cost of sales relating to the use of the last-in, first-out (LIFO) method of inventory cost accounting. Adjusted Gross Profit, which excludes (among other items) the impac
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MRC
News
- Some Investors May Be Willing To Look Past MRC Global's (NYSE:MRC) Soft Earnings [Yahoo! Finance]Yahoo! Finance
- MRC Global Announces Closing of $750 Million Asset-Based Loan FacilityGlobeNewswire
- Investing in MRC (MRC)? Don't Miss Assessing Its International Revenue Trends [Yahoo! Finance]Yahoo! Finance
- Earnings Beat: MRC Global Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models [Yahoo! Finance]Yahoo! Finance
- MRC Global Inc. (NYSE: MRC) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
MRC
Earnings
- 11/5/24 - Beat
MRC
Sec Filings
- 11/21/24 - Form 144
- 11/20/24 - Form 8-K
- 11/15/24 - Form 144
- MRC's page on the SEC website