Ryerson Holding Corporation Forecasts Q4 Revenue Between $1.96B and $2.04B
Ryerson Holding Corporation (RYZ) reported its strongest quarterly performance of the year, surpassing previous guidance across all key metrics. The company successfully achieved its first-year synergy run rate targets ahead of schedule, demonstrating operational efficiency following recent strategic moves. Looking ahead to the fourth quarter, Ryerson has provided a revenue guidance range of $1.96 billion to $2.04 billion. Additionally, management is prioritizing balance sheet strength, targeting a year-end leverage ratio of below 3.0x.
Tickers: $RYZ
Topics: earnings beat financial performance synergy targets
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Part of the story Rogers Corporation Forecasts Q4 Revenue Between $215M and $225M with 16% EBITDA Growth (3 articles)