Russel Metals (RUSMF) Expected to Announce Quarterly Earnings on Wednesday

Russel Metals (OTCMKTS:RUSMF) is anticipated to announce its results before the market opens on Wednesday, February 11th. Analysts expect the company to announce earnings of $0.3771 per share and revenue of $1.1277 billion for the quarter.

Russel Metals Stock Down 1.6%

Shares of OTCMKTS:RUSMF opened at $35.95 on Tuesday. Russel Metals has a 1 year low of $25.24 and a 1 year high of $36.53. The stock’s fifty day moving average price is $32.86 and its 200-day moving average price is $30.85.

Analyst Upgrades and Downgrades

Separately, Scotiabank restated an “outperform” rating on shares of Russel Metals in a research note on Thursday, January 29th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus 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.