MRC Stock Recent News
MRC LATEST HEADLINES
MRC (MRC) is well positioned to outperform the market, as it exhibits above-average growth in financials.
MRC Global (MRC) benefits from its presence across diversified businesses and increased customer infrastructure activity in the Permian basin. However, higher operating costs and expenses remain a concern.
HOUSTON, Dec. 15, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its fourth quarter and full year 2023 results on February 13, 2024, after the market closes. In conjunction with the release, the company will host a conference call and webcast: What: MRC Global Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast When: Wednesday, February 14, 2024, at 10:00 a.m.
MRC (MRC) reported earnings 30 days ago. What's next for the stock?
HOUSTON, Sept. 15, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its third quarter 2023 results on November 7, 2023, after the market closes.
Supply-chain woes and inflationary pressures are weighing on MRC Global (MRC). Unfavorable foreign-currency movements are added concerns.
MRC (MRC) reported earnings 30 days ago. What's next for the stock?
MRC Global's (MRC) second-quarter revenues increase 2.7% year over year due to growth in the PTI sector and the Gas Utilities sector.
MRC Global (MRC) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.27 per share a year ago.
MRC Global Inc. (MRC) is a $943-million market cap Houston-based company that distributes pipes, valves, fittings, and infrastructure products to the gas utility, energy, and industrial sectors. In Q1 FY2023, MRC saw a strong performance, with consolidated revenue of $885 million and operating income of $57 million rising by 19.3% and 96.6% YoY, respectively. I think the market may underestimate growth forecasts after FY2023, which is a recovery year for MRC, considering all available growth drivers.