MRC Global (MRC) Reports Q3: Everything You Need To Know Ahead Of Earnings

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MRC Global (MRC) Reports Q3: Everything You Need To Know Ahead Of Earnings Fluid and gas handling company MRC (NYSE:MRC) will be reporting results tomorrow afternoon. Here’s what investors should ...

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Here’s what investors should ...</p>\n\n<a href=\"https://finance.yahoo.com/news/mrc-global-mrc-reports-q3-070301138.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MRC Global (MRC) Reports Q3: Everything You Need To Know Ahead Of Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMRC Global (MRC) Reports Q3: Everything You Need To Know Ahead Of Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-04 15:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/mrc-global-mrc-reports-q3-070301138.html><strong>StockStory</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MRC Global (MRC) Reports Q3: Everything You Need To Know Ahead Of Earnings \n \n\nFluid and gas handling company MRC (NYSE:MRC) will be reporting results tomorrow afternoon. Here’s what investors should ...</p>\n\n<a href=\"https://finance.yahoo.com/news/mrc-global-mrc-reports-q3-070301138.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MRC","symbol_name":"MRC Global","start_time":0,"source_url":"https://finance.yahoo.com/news/mrc-global-mrc-reports-q3-070301138.html","article_id":"2480913322","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/14K_FRbQt7MO.QzTGUBcFQ--~B/aD03MDA7dz0xNDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/stockstory_922/8ad58ea49c4dbfff528e91a5611ee757"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480913322","pubTimestamp":1730703781,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Fluid and gas handling company MRC  will be reporting results tomorrow afternoon. Here’s what investors should know.MRC Global met analysts’ revenue expectations last quarter, reporting revenues of $832 million, down 4.5% year on year. Despite the sales decline, it was still a decent quarter for the company, with an impressive beat of analysts’ EBITDA estimates.Is MRC Global a buy or sell going into earnings?Unless you’ve been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known  semiconductor stock benefitting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"MRC":"MRC Global","WSO":"华斯科"},"translate_title":"MRC Global(MRC)第三季度报告：盈利前您需要了解的一切","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MRC":1,"WSO":0.9},"content_text":"MRC Global (MRC) Reports Q3: Everything You Need To Know Ahead Of Earnings \n \n\nFluid and gas handling company MRC (NYSE:MRC) will be reporting results tomorrow afternoon. Here’s what investors should know. \nMRC Global met analysts’ revenue expectations last quarter, reporting revenues of $832 million, down 4.5% year on year. Despite the sales decline, it was still a decent quarter for the company, with an impressive beat of analysts’ EBITDA estimates. \nIs MRC Global a buy or sell going into earnings? Read our full analysis here, it’s free.\nThis quarter, analysts are expecting MRC Global’s revenue to decline 10.3% year on year to $797 million, a further deceleration from the 1.8% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.19 per share. \n\n\n\nAnalysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. MRC Global has missed Wall Street’s revenue estimates four times over the last two years. \nLooking at MRC Global’s peers in the industrial distributors segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Watsco delivered year-on-year revenue growth of 1.6%, missing analysts’ expectations by 3.6%, and Richardson Electronics reported revenues up 2.2%, topping estimates by 8.7%. Watsco traded down 1.4% following the results while Richardson Electronics was also down 2.5%. \nRead our full analysis of Watsco’s results here and Richardson Electronics’s results here.\nInvestors in the industrial distributors segment have had steady hands going into earnings, with share prices flat over the last month. MRC Global is down 4.7% during the same time and is heading into earnings with an average analyst price target of $16 (compared to the current share price of $12.18). \nUnless you’ve been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefitting from the rise of AI. 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