Mrc Global Inc is a leading distributor of pipe, valve, and fitting products, primarily serving the energy and industrial sectors
The company provides a wide range of services, including supply chain management and logistics, to support both upstream and downstream operations in the oil and gas industry, as well as other industrial markets. With a robust network of facilities and a vast inventory, Mrc Global is dedicated to delivering tailored solutions and high-quality products to its customers, enhancing operational efficiency and reliability in various challenging environments.
Fluid and gas handling company MRC (NYSE:MRC) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 13.5% year on year to $664 million. Its non-GAAP loss of $0.08 per share was significantly below analysts’ consensus estimates.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Watsco (NYSE:WSO) and the best and worst performers in the infrastructure distributors industry.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the infrastructure distributors industry, including Core & Main (NYSE:CNM) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the infrastructure distributors industry, including DistributionNOW (NYSE:DNOW) and its peers.
MRC Global announced a $125 million share repurchase program, boosting premarket stock gains. The initiative, running through January 2028, aligns with the company's focus on operational efficiency and shareholder value.
Looking back on infrastructure distributors stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including MRC Global (NYSE:MRC) and its peers.
MRC Global trades at $13.33 and has moved in lockstep with the market. Its shares have returned 8.1% over the last six months while the S&P 500 has gained 10.6%.
Water and fire protection solutions company Core & Main (NYSE:CNM)
will be reporting results tomorrow before market hours. Here’s what you need to know.
Fluid and gas handling company MRC (NYSE:MRC) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 10.2% year on year to $797 million. Its non-GAAP profit of $0.22 per share was 15.8% above analysts’ consensus estimates.
Shares of Sony Group Corporation (NYSE: SONY) fell during Wednesday’s session after the company reported third-quarter financial results and revised guidance above estimates and shared plans to list its financial arm in October 2025.
