05:03 PM EST, 11/05/2024 (MT Newswires) -- MRC Global ( MRC ) reported Q3 adjusted earnings late Tuesday of $0.22 per diluted share, down from $0.32 a year earlier.

Two analysts polled by Capital IQ expected $0.19.

Sales for the quarter ended Sept. 30 were $797 million, down from $888 million a year earlier.

Two out of four analysts surveyed by Capital IQ projected $797 million.

The company also said its board elected Deborah Adams as its new chair, effectively immediately.

Adams, who previously served as chair of the board's compensation and human capital committee, succeeds Robert Wood, who is stepping down for personal reasons.