Metallus Q2 2024 Adj. EPS $0.15 Misses $0.33 Estimate, Sales $294.700M Miss $315.100M Estimate
Portfolio Pulse from Benzinga Newsdesk
Metallus (NYSE:MTUS) reported Q2 2024 adjusted EPS of $0.15, missing the $0.33 estimate by 54.55%. Sales were $294.7M, missing the $315.1M estimate by 6.47% and down 17.36% from last year's $356.6M.
August 08, 2024 | 8:24 pm
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Metallus (NYSE:MTUS) reported Q2 2024 adjusted EPS of $0.15, missing the $0.33 estimate by 54.55%. Sales were $294.7M, missing the $315.1M estimate by 6.47% and down 17.36% from last year's $356.6M.
The significant miss on both EPS and sales estimates, along with a notable year-over-year decline in sales, is likely to negatively impact Metallus' stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100