MRC Global Announces Update to Third Quarter 2019 Revenue Estimates and Share Repurchase Program
MRC Global Inc. (MRC)
Last mrc global inc. earnings: 4/28 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.mrcglobal.com/investor-overview
Company Research
Source: PR Newswire
HOUSTON, Sept. 5, 2019 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC), the largest global distributor, based on sales, of pipe, valves and fittings and related products and services to the energy industry, today provided updated revenue estimates for the third quarter of 2019. Due to continued reductions in customer spending levels and lower demand in the third quarter, primarily in the midstream and upstream sectors in the U.S. and the upstream sector in Canada, the company is lowering its revenue estimates for the third quarter of 2019. Typically, the third quarter is the company's highest revenue-generating quarter; however, this year is not following historical patterns. The company is now forecasting revenue for the third quarter of 2019 to be between $930 million and $950 million, a sequential decline from the second quarter of 2019 of 4.5% at the mid-point. Previously, the company expected revenue for the third quarter of 2019 to increase sequentially 2% to 4%. Given the lower thi
Show less
Read more
Impact Snapshot
Event Time:
MRC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MRC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MRC alerts
High impacting MRC Global Inc. news events
Weekly update
A roundup of the hottest topics
MRC
News
- 3 Reasons to Sell MRC and 1 Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- MRC Global Announces Fourth Quarter and Full Year 2024 Earnings Release, Conference Call and Webcast ScheduleGlobeNewswire
- MRC Global Announces Sale of Canada Business [Yahoo! Finance]Yahoo! Finance
- MRC Global Announces Sale of Canada BusinessGlobeNewswire
- Why Is MRC (MRC) Down 2.5% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
MRC
Earnings
- 11/5/24 - Beat
MRC
Sec Filings
- 12/18/24 - Form 8-K
- 12/17/24 - Form 4
- 12/16/24 - Form 8-K
- MRC's page on the SEC website