Macquarie Upgrades Ryerson Holding (RYI) to Outperform
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Ryerson Announces First Quarter 2015 Results
May 7, 2015 5:05 PM EDTCHICAGO, May 7, 2015 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading distributor and processor of metals, today reported results for the first quarter of 2015.
First Quarter 2015 ResultsRevenues for the first quarter of 2015 were $868.0 million, unchanged from the fourth quarter of 2014 and down 0.7 percent from the first quarter of 2014. Gross margin was 17.3 percent for the first quarter of 2015, compared to 16.4 percent for the fourth quarter of 2014 and 16.9 percent in the year-ago period. Gross margin, excluding LIFO was 15.9 percent in the first quarter of 2015, compared to 16.4 percent for the... More
