Ryerson: Q4 Earnings Snapshot

Carbonatix Pre-Player Loader

Audio By Carbonatix

CHICAGO (AP) — CHICAGO (AP) — Ryerson Holding Corp. (RYI) on Thursday reported a loss of $4.3 million in its fourth quarter.

On a per-share basis, the Chicago-based company said it had a loss of 13 cents. Losses, adjusted for non-recurring gains, were 14 cents per share.

The metal products distributor and processor posted revenue of $1.01 billion in the period.

For the year, the company reported a loss of $8.6 million, or 26 cents per share. Revenue was reported as $4.6 billion.

For the current quarter ending in March, Ryerson expects its results to range from a loss of 27 cents per share to a loss of 20 cents per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RYI at https://www.zacks.com/ap/RYI

 

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • The Alex Marlow Show
    12:00PM - 1:00PM
     
    From the mind of Breitbart News Editor in Chief and New York Times bestselling   >>
     
  • The Scott Jennings Show
     
    Jennings is battle-tested on cable news, a veteran of four presidential   >>
     
  • Best Stocks Now
    3:00PM - 4:00PM
     
    Bill Gunderson provides listeners with financial guidance that is both experienced and accomplished.
     
  • The Hugh Hewitt Show
    4:00PM - 6:00PM
     
    Hugh Hewitt is one of the nation’s leading bloggers and a genuine media   >>
     
  • SEKULOW
    6:00PM - 7:00PM
     
    Jay Sekulow is widely regarded as one of the foremost free speech and religious   >>
     

See the Full Program Guide