Overview

* Ryerson Q3 2025 revenue of $1.16 bln, in-line with company's guidance amid weak demand

* Company reports Q3 net loss of $14.8 mln, compared to prior quarter's net income

* Ryerson ( RYI ) announces merger agreement to acquire Olympic Steel

Outlook

* Company expects Q4 shipments to decrease by 5% to 7% due to seasonality and soft demand

* Ryerson ( RYI ) anticipates Q4 net sales between $1.07 bln and $1.11 bln

* Company projects Q4 adjusted EBITDA, excluding LIFO, between $33 mln and $37 mln

Result Drivers

* SELF-HELP ACTIONS - Ryerson ( RYI ) executed self-help actions to achieve revenue within guidance amid weak demand and tariff pricing conditions

* TARIFF PRICING - Tariff-supported pricing for carbon and aluminum products partially offset weak demand conditions

* OPERATIONAL EFFICIENCY - Co reduced debt and managed net working capital efficiently while taking out non-value-added expenses

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $8.30

Adjusted mln

Free

Cash

Flow

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the iron & steel peer group is "buy."

* Wall Street's median 12-month price target for Ryerson Holding Corp ( RYI ) is $24.00, about 4.7% above its October 27 closing price of $22.87

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)