Ryerson Hld

Ryerson Holding Corp. engages in the processing and distribution of industrial metals. It processes and distributes products in stainless steel, aluminum carbon steel and alloy steels and a limited line of nickel and red metals in various shapes and forms. The firm serves end-markets including oil and gas, industrial equipment, transportation equipment, heavy equipment, and electrical machinery. It also offers value-added processing and fabrication services such as sawing, slitting, blanking, cutting to length, leveling, flame cutting, laser cutting, edge trimming, edge rolling, roll forming, tube manufacturing, polishing, shearing, forming, stamping, punching, rolling shell plate to radius. The company was founded in 1842 and is headquartered in Chicago, IL.

Earnings data Q1 2021

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Ryerson Hld reports strong Q4 performance amidst pricing trends

Ryerson Holding Corporation's Q4 2022 performance reflects a resilient approach to debt reduction, strategic investments, and operational efficiency.
Despite facing challenges related to pricing volatility and economic uncertainties, the company's strong leadership and focus on sustainable growth position it for future success.
Opportunities lie in capitalizing on growing demand for industrial metals, innovating value-added services, and expanding market presence through strategic initiatives.

Ryerson Hld (RYI) reports robust Q1 earnings and outlines growth strategies

Ryerson Holding Corporation's Q1 2023 earnings call showcased strong financial performance, strategic growth initiatives, and a positive outlook for Q2.
The company's focus on sustainable solutions, disciplined acquisitions, and operational efficiency underpin its resilience and market positioning.
Challenges in pricing dynamics, integration processes, and market uncertainties require strategic management and operational agility.
Opportunities for growth through market expansion, innovation, and value-added services highlight Ryerson's potential for long-term success.

Ryerson Hld (RYI) Q2 2023 Earnings Call: Navigating Challenges, Embracing Growth Opportunities

Ryerson Holding Corporation navigated through a tough second quarter by focusing on strategic investments and operational efficiencies. While facing margin pressures and market uncertainties, the company remains resilient and committed to long-term growth.

Ryerson Hld meets Q3 guidance amidst market challenges and investments

Ryerson Hld faced challenges in Q3 but managed to meet guidance and make strategic investments for future growth. The company is navigating market conditions and focusing on operational efficiency.

Ryerson Hld exceeds Q4 expectations, poised for strategic growth

Ryerson Holding Corporation delivered a robust performance in Q4 2023, surpassing financial expectations and demonstrating operational efficiency.
Despite market challenges, the company's resilience, strategic investments, and strong financial management position it well for future growth.
Management's focus on enhancing profitability, navigating uncertainties, and seizing growth opportunities underscores Ryerson's strategic direction.

Ryerson Hld Q1 2024: Mixed Results, Strategic Investments Drive Growth

Ryerson's Q1 performance reflects a strategic shift towards investment and optimization for long-term growth. Despite challenges in profitability and integration, the company's focus on customer experience and acquisitions positions it well for future success.

Ryerson Hld Q2 2024: Revenue meets guidance, challenges in pricing

Ryerson Holding Corporation faced challenges from pricing pressure and margin compression in Q2 2024, impacting financial performance.
Despite these challenges, the company demonstrated strengths in cost management, operational optimization, and cash flow generation.
Opportunities lie in upcoming initiatives, addressing common issues, and optimizing working capital to drive future growth and profitability.

Ryerson Holding Corp meets Q3 guidance amidst pricing challenges

Ryerson Holding Corporation's Q3 performance met guidance expectations, with revenue of $1.13 billion and a net loss of $6.6 million, highlighting challenges in pricing dynamics and sales volume.
The company's strategic strengths lie in its focus on efficiency optimization, investments in facilities and technology, and understanding of steel industry dynamics.
While facing challenges such as margin compression and lower Q4 expectations, Ryerson sees opportunities in cyclical improvements, cost reductions, and operational enhancements.

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Ryerson Holding Corp. engages in the processing and distribution of industrial metals. It processes and distributes products in stainless steel, aluminum carbon steel and alloy steels, and a limited line of nickel and red metals in various shapes and forms. The firm serves end-markets including oil and gas, industrial equipment, transportation equipment, heavy equipment, and electrical machinery. It also offers value-added processing and fabrication services such as sawing, slitting, blanking, cutting to length, leveling, flame cutting, laser cutting, edge trimming, edge rolling, roll forming, tube manufacturing, polishing, shearing, forming, stamping, punching, rolling shell plate to radius. The company was founded in 1842 and is headquartered in Chicago, IL.

Ryerson Holding Corporation (NYSE:RYI ) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Pratham Dear - Manager of Investor Relations Eddie Lehner - President and Chief Executive Officer Mike Burbach - Chief Operating Officer Jim Claussen - Chief Financial Officer Molly Cannon - Chief Accounting Officer and Corporate Controller John Orth - Executive Vice President of Operations Conference Call Participants Katja Jancic - BMO Capital Markets Samuel McKinney - KeyBanc Capital Markets Operator Good day, and welcome to the Ryerson Holding Corporation Third Quarter 2024 Conference Call. Today's conference is being recorded.

Ryerson Holding Corporation (RYI) Q3 2024 Earnings Call Transcript

Quarterly business highlights include operating cash flow of $134.6 million, Central Steel & Wire's University Park, IL distribution hub and service center open house, progress on expansion and modernization of the Shelbyville, KY non-ferrous processing center, closing of the Production Metals acquisition and entry into aerospace, defense, and semiconductor metals markets, and ongoing cost-reduction work across our North America service center network   CHICAGO , Oct. 29, 2024 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, today reported results for the third quarter ended September 30, 2024. Highlights:  Generated $1.13 billion of revenue from 485,000 tons shipped and average selling price of $2,323 per ton Incurred Net Loss attributable to Ryerson Holding Corporation of $6.6 million, or Diluted Loss Per Share of $0.20 and Adjusted EBITDA1, excluding LIFO of $21.0 million as counter-cyclical and seasonal bottoming continues Generated Operating Cash Flow of $134.6 million and Free Cash Flow of $103.4 million Reduced inventory by $80.8 million on a FIFO cost basis2, compared to the second quarter of 2024 Returned $42.0 million to shareholders during the quarter, comprised of $36.0 million in share repurchases and $6.0 million in dividends Ended the quarter with debt of $522 million and net debt3 of $487 million as of September 30, 2024, compared to $525 million and $497 million, respectively, on June 30, 2024 Progressing well towards $60 million of annualized cost reduction expectations from operating expenses4 Acquired Production Metals, a value-added processor of aluminum, stainless, and specialty steel Hosted open house at Central Steel & Wire's University Park, IL distribution hub and service center for customers, suppliers, vendors, investors, and employees Declared a fourth-quarter 2024 dividend of $0.1875 per share  A reconciliation of non-GAAP financial measures to the comparable GAAP measure is included below in this news release.

Ryerson Reports Third Quarter 2024 Results

CHICAGO , Oct. 8, 2024 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today that it will host a conference call to discuss its third quarter 2024 financial results for the period ended September 30, 2024 on Wednesday, October 30 th at 10 a.m. Eastern Time.

Ryerson to Host Earnings Call on Wednesday, October 30th to Discuss Third Quarter 2024 Results

Ryerson Holding's acquisitions, restructuring, and stock repurchases are expected to boost free cash flow and stock demand, making the stock significantly undervalued. The company's diverse client base across multiple industries, including EV and renewable energy, mitigates sector-specific risks and supports revenue stability. The new stock repurchase program and balance sheet improvements, including reduced net debt and increased book value per share, enhance stock valuation.

Ryerson: Transformative Turnaround Acquisitions, And Cheap

CHICAGO , Aug. 2, 2024 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today its acquisition of Production Metals, LLC ("Production Metals"), a distributor of aluminum, stainless, and specialty steels. Based in Monroe, Connecticut, Production Metals serves New England and the surrounding area with bar, tube, sheet, and plate products along with precision sawing, lasering, and water jet cutting.

Ryerson Acquires Production Metals

Quarterly business highlights include ramp-up of operations at University Park, IL service center, expansion and modernization of the Shelbyville, KY service center, and progress on cost savings across the network CHICAGO , July 30, 2024 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, today reported results for the second quarter ended June 30, 2024. Highlights:  Delivered Net Income attributable to Ryerson Holding Corporation of $9.9 million and Adjusted EBITDA1, excluding LIFO of $42.6 million Earned diluted EPS2 of $0.29 on $1.23 billion of revenue from 508,000 tons shipped and average selling price of $2,412 per ton Reduced operating expenses3 by $17.8 million, compared to the first quarter of 2024, as part of previously announced cost reductions.

Ryerson Reports Second Quarter 2024 Results

CHICAGO , July 2, 2024 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today that it will host a conference call to discuss its second quarter 2024 financial results for the period ended June 30, 2024 on Wednesday, July 31 st at 10 a.m. Eastern Time.

Ryerson to Host Earnings Call on Wednesday, July 31st to Discuss Second Quarter 2024 Results

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Ryerson Holding Corporation (NYSE:RYI ) Q1 2024 Earnings Conference Call May 1, 2024 10:00 AM ET Company Participants Pratham Dear - Manager-Investor Relations Edward Lehner - President and Chief Executive Officer Mike Burbach - Chief Operating Officer James Claussen - Chief Financial Officer Molly Kannan - Chief Accounting Officer and Corporate Controller Conference Call Participants Katja Jancic - BMO Capital Markets Alan Weber - Robotti & Company Operator Good day and welcome to the Ryerson Holding Corporation's First Quarter 2024 Conference Call. Today's conference is being recorded.

Ryerson Holding Corporation (RYI) Q1 2024 Earnings Call Transcript

Ryerson posted an unexpected quarterly loss as raw materials costs and modernization expenses soared. The company is making progress in its restructuring and sees signs of pricing stabilization, but investors might want to take a cautious approach before buying in.

Why Ryerson Stock Is Down Today

Quarterly business highlights include start-up of operations at University Park, IL service center, completion of ERP integration of 17 service centers, and continued investment in organic growth initiatives, including the expansion and modernization of the Shelbyville, KY service center CHICAGO , April 30, 2024 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, today reported results for the first quarter ended March 31, 2024. Highlights:  Earned Revenue of $1.24 billion on 497,000 tons shipped and average selling price of $2,493 per ton.

Ryerson Reports First Quarter 2024 Results

CHICAGO , April 3, 2024 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today that it will host a conference call to discuss its first quarter 2024 financial results for the period ended March 31, 2024, on Wednesday, May 1 st, at 10 a.m. Eastern Time.

Ryerson to Host Earnings Call on Wednesday, May 1st, to Discuss First Quarter 2024 Results

Ryerson (RYI) Q4 earnings beat and sales miss their respective estimates amid lower selling prices and volumes.

Ryerson's (RYI) Q4 Earnings Beat, Revenues Miss Estimates

Ryerson Holding Corporation (RYI) Q4 2023 Earnings Call Transcript

Quarterly business highlights include three acquisitions and tenth consecutive increase in quarterly dividend. Results include strong cash flow generation and continued investment in organic growth initiatives, including the University Park, Illinois service center.

Ryerson Reports Fourth Quarter and Full Year 2023 Results

Ryerson Holding's (RYI) fourth-quarter results are expected to reflect lower selling prices and shipment volumes.

Ryerson Holding (RYI) to Report Q4 Earnings: What's in the Offing?

In the most recent trading session, Ryerson Holding (RYI) closed at $34.62, indicating a -0.29% shift from the previous trading day.

Ryerson Holding (RYI) Suffers a Larger Drop Than the General Market: Key Insights

Ryerson Holding (RYI) closed at $33.45 in the latest trading session, marking a +0.36% move from the prior day.

Ryerson Holding (RYI) Rises Higher Than Market: Key Facts

In the latest trading session, Ryerson Holding (RYI) closed at $34.89, marking a +0.58% move from the previous day.

Ryerson Holding (RYI) Advances While Market Declines: Some Information for Investors

CHICAGO , Jan. 25, 2024 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today that it will host a conference call to discuss fourth quarter and full-year 2023 financial results for the period ended December 31, 2023, on Thursday, February 22 nd, at 10 a.m. Eastern Time.

Ryerson to Host Earnings Call on Thursday, February 22nd to Discuss Fourth Quarter and Full-Year 2023 Results

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Ryerson Holding (RYI) concluded the recent trading session at $33.40, signifying a -0.57% move from its prior day's close.

Ryerson Holding (RYI) Stock Falls Amid Market Uptick: What Investors Need to Know

Ryerson Holding (RYI) concluded the recent trading session at $33.59, signifying a +0.24% move from its prior day's close.

Ryerson Holding (RYI) Rises But Trails Market: What Investors Should Know

Ryerson Holding (RYI) reachead $32.45 at the closing of the latest trading day, reflecting a +0.87% change compared to its last close.

Ryerson Holding (RYI) Increases Despite Market Slip: Here's What You Need to Know

In the closing of the recent trading day, Ryerson Holding (RYI) stood at $32.90, denoting a -1.41% change from the preceding trading day.

News for Ryerson Hld Stock (RYI)