Metallus (MTUS) Misses Q2 Earnings and Revenue Estimates

Metallus (MTUS) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of$ 0.39 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -61.54%. A quarter ago, it was expected that this maker of steel large bars and seamless mechanical tubing would post earnings of$ 0.35 per share when it actually produced earnings of $0.56, delivering a surprise of 60%. ...