Russel Metals (RUS) Announces Quarterly Earnings, Beats Expectations By $0.01 EPS
Russel Metals (TSE:RUS) issued its quarterly earnings data on Wednesday. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.01, AnalystRatingsNetwork.com reports.
Russel Metals (TSE:RUS) opened at 35.39 on Wednesday. Russel Metals has a 52 week low of $25.76 and a 52 week high of $35.99. The stock’s 50-day moving average is $34.90 and its 200-day moving average is $31.98. The company has a market cap of $2.160 billion and a P/E ratio of 24.07.
The company also recently declared a quarterly dividend, which is scheduled for Monday, September 15th. Investors of record on Tuesday, August 26th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 4.26%.
Russel Metals Incorporated is a metals distribution company in North America. The Company conducts business primarily in three metals distribution segments: metals service centers, energy tubular products and steel distributors.
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