Investing.com - MRC Global reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
MRC Global announced earnings per share of $0.420 on revenue of $904M. Analysts polled by Investing.com EPS of $0.310 on revenue of $888.4M.
MRC Global 's are down 35% and is trading at $10.480 , still down 27.48% from its 52 week high of $13.44 set on Wednesday, April 20, 2022.
MRC Global shares gained 7.49% to trade at $10.480 in after-hours trade the report.
MRC Global follows other major Industrials sector earnings this month
MRC Global's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.59B, EPS of $2.86 on revenue of $24.4B.
Honeywell had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $2.25 on revenue of $8.95B, for EPS of $2.16 on revenue of $8.99B.
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