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Russel Metals Inc (RUSMF)
OTHER OTC:RUSMF
Earnings Data
Report Date
May 12, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.45Last Year’s EPS
0.58Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: 2.65%
|Next Earnings Date:May 12, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong financial performance with strategic growth investments and significant returns to shareholders. However, some challenges remain, such as revenue declines due to seasonality, market uncertainties related to tariffs, and integration costs from recent acquisitions. Despite these challenges, the company's achievements in cash flow, investments, and debt reduction indicate a positive outlook.Company Guidance
In the Russel Metals 2024 Year End and Fourth Quarter Results Call, several key metrics and strategic initiatives were discussed. The company reported generating $344 million in cash flow from operations, with $103 million coming from working capital. Capital investments in 2024 totaled $90 million in CapEx, while the company completed acquisitions worth over $300 million, marking the largest year for investing activities in its history. This growth was reflected in their capital base, which increased from $1.3 billion at the end of 2023 to $1.6 billion by the end of 2024. The return on invested capital was reported at 15% for 2024, with a three-year average of 24%. The Service Center segment contributed 67% of revenues, and the U.S. platform accounted for 39%, expected to grow further. In terms of shareholder returns, $131 million was returned through share buybacks and $98 million via dividends, totaling $229 million. The company also achieved a net cash position of $32 million with $580 million in liquidity, having eliminated all long-term debt. Looking ahead to 2025, Russel Metals anticipates continued growth in their U.S. operations and specialty metals, while maintaining flexibility in adapting to market conditions such as potential U.S. tariffs.Strong Cash Flow Generation
Russel Metals generated $344 million of cash flow from operations in 2024, including $103 million from working capital, even amidst steel price volatility and economic uncertainty.
Record Investments and Capital Growth
Russel Metals made significant investments with $90 million in CapEx and over $300 million in acquisitions, marking the largest year for investing activities in the company's history.
Return on Invested Capital
The company achieved a return on invested capital of 15% in 2024, averaging 24% over the past three years, which is above their 15% target.
Significant Capital Return to Shareholders
Russel Metals returned $229 million to shareholders in 2024 through share buybacks and dividends, marking the largest capital return in the company's history.
Debt Reduction and Strong Balance Sheet
The company eliminated all long-term debt and ended the year with a net cash position of $32 million and $580 million of liquidity.
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RUSMF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RUSMF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | $29.08 | $29.04 | -0.14% |
| Nov 06, 2024 | $29.60 | $31.63 | +6.86% |
| Jul 31, 2024 | $28.76 | $27.99 | -2.68% |
| May 01, 2024 | $27.29 | $28.56 | +4.65% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Russel Metals Inc (RUSMF) report earnings?
Russel Metals Inc (RUSMF) is schdueled to report earning on May 12, 2025, TBA Not Confirmed.
What is Russel Metals Inc (RUSMF) earnings time?
Russel Metals Inc (RUSMF) earnings time is at May 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RUSMF EPS forecast?
RUSMF EPS forecast for the fiscal quarter 2025 (Q1) is 0.45.
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