Preview: Ryerson Holding's Earnings
Portfolio Pulse from Benzinga Insights
Ryerson Holding (NYSE:RYI) is set to release its quarterly earnings report on October 30, 2023. Analysts estimate an EPS of $0.37. The company's past performance shows a pattern of share price drops following earnings reports, with a 16.57% drop after the last quarter's report. The company's shares are currently trading at $27.2, down 19.05% over the last 52-week period.
October 27, 2023 | 4:01 pm
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Ryerson Holding is expected to report an EPS of $0.37 in its upcoming earnings. The company's stock has historically dropped following earnings reports.
Ryerson Holding's stock has shown a pattern of dropping following earnings reports. Given that the company missed its EPS estimate last quarter, resulting in a 16.57% drop in share price, it's likely that the stock could be negatively impacted again if the company fails to meet the estimated EPS of $0.37 for the upcoming report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100