Russel Metals (RUSMF) Projected to Post Earnings on Wednesday

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

Russel Metals Trading Up 0.6%

OTCMKTS RUSMF opened at $36.00 on Wednesday. The company’s fifty day moving average price is $32.28 and its two-hundred day moving average price is $30.76. Russel Metals has a 12 month low of $25.24 and a 12 month high of $36.00.

Analyst Upgrades and Downgrades

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