Ryerson Reports Fourth Quarter and Full-Year 2017 Results

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Ryerson Inc. (RYI) Q4 Revenue Misses Views

March 5, 2018 5:00 PM EST

Ryerson Inc. (NYSE: RYI) reported Q4 EPS of $0.00, may not compare to analyst estimate of $0.03. Revenue for the quarter came in at $810.6 million versus the consensus estimate of $816.15 million.

Excluding benefits from income tax reform, restructuring and other charges, impairment charges on assets, and losses on the retirement of debt, the net loss attributable to Ryerson Holding Corporation in the fourth quarter of 2017 was $3.4 million, $0.09 per diluted share, compared to a loss of $7.1 million, or $0.19 per diluted share in the fourth quarter of 2016.

Outlook Commentary

Ryerson continues to... More