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Russel Metals Q1 Profit Jumps, Tops Estimates As Revenue Rises

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-- Russel Metals (RUS.TO) after trade Tuesday reported a 67% jump in first-quarter earnings on record quarterly revenue, topping estimates.

Russel posted a profit of C$72 million, or $1.30 per share, up from $43 million, or $0.75, a year earlier. In exceeded the consensus estimate of $0.76 compiled by FactSet analysts.

Revenue rose 21% to to $1.41 billion, up from $1.17 billion, surpassing $1.38 billion.

In the first quarter , the company also reported an EBITDA of $124 million, which was a 44% increase over the first quarter of 2025, and an 80% increase over the fourth quarter of 2025.

The company's shares closed up $0.44 to $53.48 on the Toronto Stock Exchange.

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