Metallus (MTUS) Reports Q3 Loss, Lags Revenue Estimates

Metallus (MTUS) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of$ 0.06. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -250%. A quarter ago, it was expected that this maker of steel large bars and seamless mechanical tubing would post earnings of$ 0.39 per share when it actually produced earnings of $0.15, delivering a surprise of -61.54%.Over the last ...