Russel Metals (RUSMF) to Post Quarterly Earnings on Thursday

Russel Metals (OTCMKTS:RUSMF) will likely be posting its results after the market closes on Thursday, August 6th. Analysts expect the company to post earnings of $0.7720 per share and revenue of $1.0453 billion for the quarter.

Russel Metals Stock Performance

Russel Metals stock opened at $48.09 on Tuesday. The stock has a 50-day moving average of $45.51 and a two-hundred day moving average of $39.58. Russel Metals has a one year low of $27.78 and a one year high of $50.44.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on RUSMF. TD Securities restated a “buy” rating on shares of Russel Metals in a report on Tuesday, May 5th. Scotiabank reiterated an “outperform” rating on shares of Russel Metals in a research note on Friday, July 24th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

Russel Metals Company Profile

Russel Metals Inc is one of North America’s leading metal distribution and processing companies, offering a comprehensive range of steel, aluminum, stainless steel, and specialty metal products. Through its extensive network of service centres, the company provides value-added processing such as precision cutting, shearing, burning, drilling, rolling, and plate profiling, alongside inventory management and just-in-time delivery solutions. This integrated model helps industrial, construction, and manufacturing customers optimize supply chains and reduce lead times.

Founded in 1929 and headquartered in Mississauga, Ontario, Russel Metals has grown through organic expansion and strategic acquisitions to establish a broad presence across Canada and the United States.