Radius Recycling Inc reports results for the quarter ended November 30 - Earnings Summary

• Radius Recycling Inc RDUS.OQ reported a quarterly adjusted loss of $1.33​​ per share for the quarter ended November 30, lower than the same quarter last year, when the company reported EPS of -64 cents. The mean expectation of three analysts for the quarter was for a loss of 43 cents per share. Wall Street expected results to range from -66 cents to -21 cents per share.

• Revenue fell 2.4% to $656.54 million from a year ago; analysts expected $665.90 million.

• Radius Recycling Inc's reported EPS for the quarter was a loss of $1.30​.

• The company reported a quarterly loss of $37.17 million.

• Radius Recycling Inc shares had fallen by 3.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 34.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the iron & steel peer group is also "hold"

Wall Street's median 12-month price target for Radius Recycling Inc is $21.00

This summary was machine generated from LSEG data January 8 at 02:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)