Ryerson Holding Corp (RYI, Financial) is set to release its Q3 2024 earnings on Oct 30, 2024. The consensus estimate for Q3 2024 revenue is $1.12 billion, and the earnings are expected to come in at $0.88 per share. The full year 2024's revenue is expected to be $4.66 billion and the earnings are expected to be $3.71 per share. More detailed estimate data can be found on the Forecast page.
Ryerson Holding Corp (RYI, Financial) Estimates Trends
The revenue estimates for Ryerson Holding Corp (RYI) for the full year 2024 have been revised downward from $4.74 billion to $4.66 billion over the past 90 days. Meanwhile, the revenue estimates for 2025 have been adjusted upward from $4.66 billion to $4.78 billion. The earnings estimates have remained constant at $3.71 per share for the full year 2024 and at $4.19 per share for 2025 over the same period.
Ryerson Holding Corp (RYI, Financial) Reported History
In the previous quarter of 2024-06-30, Ryerson Holding Corp's (RYI) actual revenue was $1.23 billion, which missed analysts' revenue expectations of $1.27 billion by -3.71%. Ryerson Holding Corp's (RYI) actual earnings were $0.29 per share, which missed analysts' earnings expectations of $0.93 per share by -68.82%. After releasing the results, Ryerson Holding Corp (RYI) was down by -4% in one day.
Ryerson Holding Corp (RYI, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 1 analyst, the average target price for Ryerson Holding Corp (RYI) is $24 with a high estimate of $24 and a low estimate of $24. The average target implies an upside of 6.1% from the current price of $22.62.
Based on GuruFocus estimates, the estimated GF Value for Ryerson Holding Corp (RYI, Financial) in one year is $27.64, suggesting an upside of 22.19% from the current price of $22.62.
Based on the consensus recommendation from 2 brokerage firms, Ryerson Holding Corp's (RYI, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
