Ryerson Reports First Quarter 2024 Results [Yahoo! Finance]
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Ryerson Holding Corporation (RYI)
Last ryerson holding corporation earnings: 3/4 04:50 pm
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Source: Yahoo! Finance
centers, and continued investment in organic growth initiatives, including the expansion and modernization of the Shelbyville, KY service center CHICAGO April 30, 2024 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, today reported results for the first quarter ended March 31, 2024 Highlights: Earned Revenue of $1.24 billion on 497,000 tons shipped and average selling price of per ton. Net Loss attributable to Ryerson Holding Corporation of $7.6 million with Adjusted EBITDA , excluding LIFO of $40.2 million as counter-cyclical industry conditions persisted and transitory operating expenses related to capital expenditures, acquisitions and ERP system conversions occurred through the quarter. Debt of $497 million and net debt of $455 million as of March 31, 2024 , compared to $436 million and $382 million , respectively, on December 31, 2023 Started operations at University Park, IL service center
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News
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- Ryerson Holding Co. (NYSE: RYI) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Ryerson Holding Co. (NYSE: RYI) had its price target lowered by analysts at BMO Capital Markets from $33.00 to $28.00. They now have a "market perform" rating on the stock.MarketBeat
RYI
Earnings
- 4/30/24 - Miss
RYI
Sec Filings
- 6/24/24 - Form 4
- 6/24/24 - Form 4
- 6/24/24 - Form 4
- RYI's page on the SEC website