Ryerson Holding Q3 2024 Adj EPS $(0.20) Misses $0.06 Estimate
Portfolio Pulse from Benzinga Newsdesk
Ryerson Holding reported a Q3 2024 adjusted EPS of $(0.20), significantly missing the analyst consensus estimate of $0.06. This represents a 120% decrease from the $1.00 EPS in the same period last year.
October 29, 2024 | 8:34 pm
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NEGATIVE IMPACT
Ryerson Holding's Q3 2024 adjusted EPS of $(0.20) missed the analyst estimate of $0.06, marking a significant earnings miss and a 120% decrease from last year's EPS.
The significant miss on earnings expectations and the large year-over-year decrease in EPS are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100