Ryerson Inc. (RYI) Reports Prelim. 3Q18 Revenue Guidance Above Consensus
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Ryerson Provides Third Quarter 2018 Guidance and Announces Conference Call to be Held on November 2, 2018
September 27, 2018 4:31 PM EDTCHICAGO, Sept. 27, 2018 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, today provided guidance for its third quarter ending September 30, 2018. The Company anticipates revenues in the range of $1,230 million to $1,240 million for the third quarter of 2018, or $1,045 million to $1,055 million on a same-store basis excluding the impact of the Central Steel & Wire Company, compared to revenue of $864 million in the third quarter of 2017 and $1,057 million the second quarter of 2018. Average selling prices in the third quarter of 2018 are expected to be higher compared... More
