MRC Global Announces Third Quarter 2016 Results and Increase of Share Repurchase Program to $125 Million

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Go back to MRC Global Announces Third Quarter 2016 Results and Increase of Share Repurchase Program to $125 Million

MRC Global (MRC) Tops Q3 EPS by 8c, Raises Buyback

November 3, 2016 5:15 PM EDT

MRC Global (NYSE: MRC) reported Q3 EPS of ($0.06), $0.08 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $793 million versus the consensus estimate of $757.91 million.

Share Repurchase Program Update

In November 2015, the board of directors authorized a share repurchase... More