• Skip to main content

    Distributors/Service Centers

    November 8, 2023

    Russel Metals Q3 Earnings Slip on Volatility

    Written by Ethan Bernard

    Russel Metals

    Third quarter ended Sept. 3020232022% Change
    Revenues$1,109.5$1,269.9-12.6%
    Net income$60.6$91.3 -33.6%
    Per diluted share$0.99$1.45-31.7%
    Nine months ended Sept. 30
    Revenues$3,485.8$3,970.8-12.2%
    Net income$219.5 $314.0-30.1%
    Per diluted share$3.55$4.97-28.6%
    (in millions of Canadian dollars except per share)

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

    Read more from Ethan Bernard

    Latest in Distributors/Service Centers