Radius Recycling (RDUS) Reports Q2 Loss, Tops Revenue Estimates

Core Viewpoint - Radius Recycling reported a quarterly loss of $0.99 per share, which was better than the Zacks Consensus Estimate of a loss of$1.08, indicating an earnings surprise of 8.33% [1] - The company has shown mixed trends in earnings estimate revisions, currently holding a Zacks Rank 3 (Hold) [6] Financial Performance - For the quarter ended February 2025, Radius Recycling posted revenues of $642.51 million, surpassing the Zacks Consensus Estimate by 3.30$621.06 million year-over-year [2] - The company has surpassed consensus EPS estimates three times over the last four quarters [2] Stock Performance - Radius Recycling shares have increased by approximately 91.3% since the beginning of the year, contrasting with the S&P 500's decline of -8.3% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.87 on revenues of$677 million, and for the current fiscal year, it is -$3.84 on revenues of$2.62 billion [7] - The outlook for the Waste Removal Services industry, where Radius Recycling operates, is currently in the bottom 26% of over 250 Zacks industries, which may impact the stock's performance [8]