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.
PORTLAND, Ore., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Radius Recycling, Inc. (NASDAQ: RDUS) announced that its Board of Directors has appointed Mauro Gregorio, the recently retired President of the Performance Materials & Coatings Division at Dow Inc. (NYSE: DOW), as a new independent director, effective November 1, 2024. Mr. Gregorio will serve on the Audit Committee and the Compensation and Human Resources Committee of the Board.
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.
PORTLAND, Ore., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Radius Recycling, Inc. (NASDAQ: RDUS) announced that the Company will report financial results for its fourth quarter and fiscal 2024 ended August 31, 2024 on Thursday, October 24, 2024. The Company will host a webcast conference call to discuss the results at 11:30 a.m. Eastern Time on the same day. The webcast of the call and the accompanying slide presentation may be accessed on Radius Recycling's website at www.radiusrecycling.com/company/investors. The call will be hosted by Tamara Lundgren, Chairman and Chief Executive Officer, and Stefano Gaggini, Senior Vice President and Chief Financial Officer.
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.
PORTLAND, Ore., June 18, 2024 (GLOBE NEWSWIRE) -- Radius Recycling, Inc. (NASDAQ: RDUS) announced that the Company will report financial results for its third quarter fiscal 2024 ended May 31, 2024 on Tuesday, July 2, 2024. The Company will host a webcast conference call to discuss the results at 11:30 a.m. Eastern Time on the same day. The webcast of the call and the accompanying slide presentation may be accessed on Radius Recycling's website at www.radiusrecycling.com/company/investors. The call will be hosted by Tamara Lundgren, Chairman and Chief Executive Officer, and Stefano Gaggini, Senior Vice President and Chief Financial Officer.
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.