MRC Global Inc. (MRC) reported first-quarter 2025 adjusted earnings of 14 cents per share, which beat the Zacks Consensus Estimate of eight cents. In the year-ago quarter, it reported earnings of 21 cents per share. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Total revenues of $712 million surpassed the consensus estimate of $710 million. The top line decreased 8.4% year over year due to the lower volume of sales in the Downstream, Industrial and Energy Transition (DIET) and Pro ...

MRC Global (MRC) Q1 2025 Earnings Call May 07, 2025 10:00 AM ET Speaker0 and welcome to MRC Global's First Quarter twenty twenty five Earnings Conference Call. At this time, participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Monica Brouton. Thank you. You may begin. Speaker1 Thank you, and good morning. Welcome to the MRC Global First Quarter tw ...

MRC Global (MRC) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 75%. A quarter ago, it was expected that this energy products distributor would post earnings of $0.08 per share when it actually produced a loss of $0.08, delivering a surprise of -200%.Over the last four quarters, the ...

MRC Global Announces First Quarter 2025 Results Houston, TX – May 6, 2025 – MRC Global Inc. (NYSE: MRC) today announced first quarter 2025 results from continuing operations. First Quarter 2025 Financial Highlights: Rob Saltiel, MRC Global's President and CEO stated, "First quarter results were strong across all of our key metrics, consistent with our recent press release. Our business has continued to perform well into the second quarter, with our backlog as of April 30, 2025, up 13% over year-end levels, ...

HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) today announced first quarter 2025 results from continuing operations. First Quarter 2025 Financial Highlights: Operating cash flows provided by continuing operations of $21 million Sales of $712 million, a 7% increase compared to the fourth quarter of 2024Gross profit, as a percentage of sales, of 19.9%Adjusted Gross Profit, as a percentage of sales, of 21.5%Net income from continuing operations of $8 millionAdjusted EBITDA of $36 millio ...

HOUSTON, April 22, 2025 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE:MRC) will release its first quarter 2025 results on May 6, 2025, after the market closes. In conjunction with the release, the company will host a conference call and webcast:  What:MRC Global First Quarter 2025 Earnings Conference Call and Webcast    When:Wednesday, May 7, 2025, at 10:00 a.m. Eastern / 9:00 a.m. Central    How:Via phone – Dial 201-689-8261 and ask for the MRC Global call prior to the start time, or  Via webcast – Visit our w ...

HOUSTON, April 22, 2025 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its first quarter 2025 results on May 6, 2025, after the market closes. In conjunction with the release, the company will host a conference call and webcast: What:MRC Global First Quarter 2025 Earnings Conference Call and Webcast When:Wednesday, May 7, 2025, at 10:00 a.m. Eastern / 9:00 a.m. Central How:Via phone – Dial 201-689-8261 and ask for the MRC Global call prior to the start time, or Via webcast – Visit our ...

Core Insights - MRC Global Inc. reported a strong start to Q1 2025, with revenue and margins exceeding expectations, driven by growth in various segments [3][4] - The company anticipates continued revenue growth in Q2 2025, estimating a high-single to low-double digit percentage increase in sequential sales, supported by a backlog increase of over 20% since the start of the year [3][4] - MRC Global plans to initiate a $125 million share repurchase program in Q2 2025, taking advantage of recent share price volatility [4] Financial Highlights - Revenue for Q1 2025 was approximately $710 million, representing a 7% sequential increase [8] - Net income from continuing operations was approximately $7 million [8] - Adjusted EBITDA was approximately $35 million, or 4.9% of sales [8] - Gross Profit was approximately $142 million, or 20.0% of sales, while Adjusted Gross Profit was approximately $153 million, or 21.5% of sales [8][17] - Cash flow from continuing operations was approximately $20 million [8] Segment Performance - The US segment was a key driver of revenue growth, with DIET growing by 13%, Gas Utilities by 8%, and PTI by 6% [3] - The Gas Utilities business showed a strong rebound, contributing positively to overall performance [4] Company Overview - MRC Global is a leading global distributor of pipe, valves, fittings, and other infrastructure products and services, serving diversified end-markets including gas utilities and industrial sectors [7] - The company operates a network of approximately 200 locations and offers around 200,000 SKUs from over 7,100 suppliers [7]

HOUSTON, April 16, 2025 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) today announced selected preliminary first quarter 2025 results from continuing operations. Preliminary First Quarter 2025 Financial Highlights: Revenue of approximately $710 million, a 7% sequential increaseNet income from continuing operations of approximately $7 millionAdjusted EBITDA of approximately $35 million, or 4.9% of salesGross Profit of approximately $142 million, or 20.0% of salesAdjusted Gross Profit of approximately $153 ...

MRC Global (MRC) closed the last trading session at $11.62, gaining 3.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $16.25 indicates a 39.9% upside potential.The mean estimate comprises four short-term price targets with a standard deviation of $0.96. While the lowest estimate of $15 indicates a 29.1% increase from the current price level, the most optimistic analyst expects t ...