Overview
* Ryerson ( RYI ) Q3 revenue of $1.16 bln, in-line with analyst expectations
* Company reports Q3 net loss of $14.8 mln, diluted loss per share $0.46
* Adjusted EBITDA of $40.3 mln beats analyst estimates
Outlook
* Ryerson ( RYI ) did not provide specific future financial guidance in its press release
Result Drivers
* SELF-HELP ACTIONS - Co executed self-help actions to achieve revenue within guidance despite weak demand and tariff pricing conditions
* PRICE INCREASE - Average selling prices increased by 2.6% compared to the prior quarter
* DEMAND AND TARIFFS - Weak demand and tariff pricing conditions impacted results
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Meet $1.16 $1.16
Revenue bln bln (2
Analysts
)
Q3 EPS -$0.46
Q3 Net -$14.80
Income mln
Q3 Beat $40.3 $38.80
Adjusted mln mln (2
EBITDA Analysts
)
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
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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.)