Radius Recycling (RDUS) Projected to Post Quarterly Earnings on Tuesday

Radius Recycling (NASDAQ:RDUS - Get Free Report) will likely be issuing its Q3 2025 quarterly earnings data before the market opens on Tuesday, July 1st. Analysts expect the company to announce earnings of ($0.87) per share and revenue of $725.30 million for the quarter.

Radius Recycling (NASDAQ:RDUS - Get Free Report) last released its quarterly earnings data on Friday, April 4th. The basic materials company reported ($0.99) EPS for the quarter, beating analysts' consensus estimates of ($1.08) by $0.09. Radius Recycling had a negative return on equity of 16.38% and a negative net margin of 10.37%. The business had revenue of $642.51 million for the quarter, compared to the consensus estimate of $635.94 million.

Radius Recycling Trading Up 0.5%

Shares of RDUS stock opened at $29.66 on Tuesday. The business's 50 day moving average is $29.42 and its two-hundred day moving average is $21.82. Radius Recycling has a twelve month low of $10.57 and a twelve month high of $29.74. The company has a market capitalization of $836.41 million, a P/E ratio of -2.97 and a beta of 1.02. The company has a current ratio of 1.81, a quick ratio of 0.88 and a debt-to-equity ratio of 0.78.

Radius Recycling Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 5th. Investors of record on Monday, April 21st were issued a dividend of $0.1875 per share. The ex-dividend date of this dividend was Monday, April 21st. This represents a $0.75 annualized dividend and a yield of 2.53%. Radius Recycling's dividend payout ratio is presently -7.52%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen assumed coverage on Radius Recycling in a research report on Tuesday, May 20th. They issued a "sell" rating for the company.

Institutional Trading of Radius Recycling

Several institutional investors and hedge funds have recently bought and sold shares of RDUS. Goldman Sachs Group Inc. grew its holdings in Radius Recycling by 82.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 422,774 shares of the basic materials company's stock worth $12,210,000 after buying an additional 191,278 shares in the last quarter. Millennium Management LLC lifted its position in shares of Radius Recycling by 300.3% during the 1st quarter. Millennium Management LLC now owns 595,714 shares of the basic materials company's stock valued at $17,204,000 after acquiring an additional 446,891 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Radius Recycling by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,700 shares of the basic materials company's stock valued at $453,000 after acquiring an additional 708 shares during the last quarter. Finally, AQR Capital Management LLC lifted its holdings in shares of Radius Recycling by 7.3% in the first quarter. AQR Capital Management LLC now owns 60,224 shares of the basic materials company's stock valued at $1,739,000 after purchasing an additional 4,092 shares in the last quarter. Institutional investors and hedge funds own 78.11% of the company's stock.

Radius Recycling Company Profile

Radius Recycling, Inc recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide. The company acquires, processes, and recycles salvaged vehicles, rail cars, home appliances, industrial machinery, manufacturing scrap, and construction and demolition scrap. It offers recycled ferrous metal, a feedstock used in the production of finished steel products; and nonferrous products, including mixed metal joint products recovered from the shredding process, such as zorba, zurik, aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.