Ryerson Reports Second Quarter 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq reaches record high close, AI stocks rally
- Meta AI agent triggers heavy selloff in banks, insurers, and travel stocks
- Exclusive: SB Energy Nasdaq IPO moving forward as planned
- AI and earnings keep driving markets as focus shifts to Trump-Xi summit
- Meta bull case increasingly playing out, Mizuho says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Ryerson Inc. (RYI) Misses Q2 EPS by 37c, Revenues Beat; Offers Q3 EPS/Revenue Guidance
August 5, 2019 5:02 PM EDTRyerson Inc. (NYSE: RYI) reported Q2 EPS of $0.43, $0.37 worse than the analyst estimate of $0.80. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.19 billion.
Net income attributable to Ryerson Holding Corporation was $16.4 million, or $0.43 per diluted share, in the second quarter of 2019 compared to $17.5 million, or $0.46 per diluted share, in the prior year period.Ryerson achieved Adjusted EBITDA, excluding LIFO of $50.7 million in the second quarter of 2019, a decrease of $12.3 million compared to the first quarter of 2019 or $55.9 million less than the second quarter of 2018.... More