MRC (US:MRC) ZACKS·2025-05-06 23:20Core Viewpoint - MRC Global reported quarterly earnings of $0.14 per share, exceeding the Zacks Consensus Estimate of $0.08 per share, but down from $0.20 per share a year ago, indicating a 75% earnings surprise [1][2] Financial Performance - The company posted revenues of $712 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.28%, but down from $806 million year-over-year [2] - Over the last four quarters, MRC has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Performance - MRC shares have declined approximately 5.3% since the beginning of the year, compared to a decline of 3.9% for the S&P 500 [3] - The current Zacks Rank for MRC is 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.24 on revenues of $782.4 million, and for the current fiscal year, it is $0.97 on revenues of $3.01 billion [7] - The trend for estimate revisions ahead of the earnings release was unfavorable, which may impact future stock performance [6] Industry Context - MRC operates within the Steel - Pipe and Tube industry, which is currently ranked in the bottom 6% of over 250 Zacks industries, suggesting potential challenges ahead [8]