Stock Track | MRC Global Soars 5.50% Pre-Market on Q2 Earnings Beat and Strong Sales Growth

Stock Track
Aug 06

MRC Global Inc. (NYSE: MRC) saw its stock price surge 5.50% in pre-market trading on Wednesday following the release of its second-quarter 2025 financial results that surpassed analyst expectations. The company, a leading global distributor of pipe, valves, and fittings, reported robust performance across key metrics and reaffirmed its full-year guidance.

The company's adjusted earnings per share came in at $0.25, beating the analyst consensus estimate of $0.23 by 6.38%. While this represents a 19.35% decrease from the $0.31 per share reported in the same period last year, it still demonstrates MRC Global's ability to outperform market expectations in a challenging environment. Quarterly sales reached $798 million, surpassing the analyst consensus estimate of $784.6 million by 1.71%. Although this figure represents a 4.09% decrease from the $832 million reported in the same quarter of the previous year, it shows strong sequential growth of 12% compared to the first quarter of 2025.

Rob Saltiel, MRC Global's President and CEO, highlighted the company's strong performance, stating, "We delivered a strong second quarter, with revenue rising 12% from the first quarter of 2025, at the top of our previous guidance range. All sectors contributed to the sequential revenue increase, led by PTI with 26% sales growth due to robust project activity across both the U.S. and international markets." The company also reported an impressive 50% sequential increase in Adjusted EBITDA, with margins expanding 170 basis points, reflecting strong operating leverage. Additionally, MRC Global returned $15 million to shareholders through strategic share repurchases at an average price of $12.35 per share. The company's reaffirmation of its full-year guidance further bolsters investor confidence in its ongoing growth trajectory.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10