MRC Global (MRC) Tops Q1 Earnings and Revenue Estimates

MRC Global (MRC) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 75%. A quarter ago, it was expected that this energy products distributor would post earnings of $0.08 per share when it actually produced a loss of $0.08, delivering a surprise of -200%.Over the last four quarters, the ...