Radius Recycling (RDUS) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.87. This compares to a loss of $0.59 per share a year ago.
Radius Recycling (RDUS) came out with a quarterly loss of $0.99 per share versus the Zacks Consensus Estimate of a loss of $1.08. This compares to loss of $1.04 per share a year ago.
Radius Recycling's profitability is poised to improve due to rising domestic steel prices driven by tariffs, which will increase scrap steel prices and expand margins. Despite historical underperformance, the company's margins will benefit from higher scrap prices without significant cost increases, making it a speculative buy. Monitoring scrap steel prices before Radius's next earnings report could reveal an undervalued stock if the market hasn't yet recognized this linkage.
Radius Recycling, Inc. (NASDAQ:RDUS ) Q1 2025 Earnings Conference Call January 8, 2025 11:30 AM ET Company Participants Michael Bennett - VP of IR Tamara Lundgren - Chairman and CEO Stefano Gaggini - SVP and CFO Conference Call Participants Samuel McKinney - KeyBanc Capital Markets Operator Good day, and thank you for standing by. Welcome to the Radius Recycling's First Quarter 2025 Earnings Release Call and Webcast.
Goldman Sachs initiated coverage of Radius Recycling with a Neutral rating and $22 price target. The prevailing sentiment towards the U.S. steel industry seems pessimistic given concerns on global over supply and weak but improving pricing, the analyst tells investors in a research note. The firm is more positive given its belief that both cyclical and structural factors could drive earnings growth for the domestic steel industry despite a weaker global backdrop. Goldman believes the U.S. steel industry and the stocks are near or at the trough of the current cycle.
Radius Recycling, Inc. (NASDAQ:RDUS ) Q4 2024 Earnings Conference Call October 24, 2024 11:30 AM ET Company Participants Michael Bennett - Vice President of Investor Relations Tamara Lundgren - Chairman and Chief Executive Officer Stefano Gaggini - Senior Vice President and Chief Financial Officer Conference Call Participants Martin Englert - Seaport Research Partners Samuel McKinney - KeyBanc Capital Markets Operator Good day, and thank you for standing by. Welcome to the Radius Recycling's Fourth Quarter 2024 Earnings Release Call and Webcast.
Radius Recycling (RDUS) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of a loss of $0.79. This compares to earnings of $0.47 per share a year ago.
Radius Recycling, Inc. (NASDAQ:RDUS ) Q3 2024 Earnings Conference Call July 2, 2024 11:30 AM ET Company Participants Michael Bennett - Vice President, Investor Relations Tamara Lundgren - Chairman and Chief Executive Officer Stefano Gaggini - Chief Financial Officer Conference Call Participants Martin Englert - Seaport Research Partners Samuel McKinney - KeyBanc Capital Markets Operator Good day and thank you for standing by. Welcome to the Radius Recycling's Third Quarter 2024 Earnings Release Call and Webcast.
Radius Recycling (RDUS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Radius Recycling, Inc. is a large recycler of ferrous and nonferrous metal, with operations in metals recycling, auto parts stores, and steel manufacturing. The company's financial performance has been volatile due to fluctuating steel prices, but its stock is trading at low multiples. Despite short-term challenges, the long-term potential of the recycling industry makes Radius Recycling a cheap business worth considering.