Maverick Tube Corporation Confirms Third Quarter Earnings Guidance and Announces Its Third Quarter 2005 Conference Call
October 14 2005 - 7:45AM
Business Wire
Maverick Tube Corporation (NYSE:MVK) announced today its
expectation to report earnings, including the impact of Hurricane
Rita, losses from discontinued operations and severance costs, in
the upper range of its previously announced earnings guidance of
$0.80 - $0.90 for the third quarter. Maverick will broadcast its
financial results for the third quarter 2005 on October 25, 2005 at
10:00 a.m. CT via live Internet Webcast. Maverick's management will
discuss various aspects of its third quarter financial report,
review key factors impacting its business and answer questions from
the investment community. The conference broadcast can be accessed
at the Investor Relations section of the Company's website, located
at http://www.mavericktube.com. A replay of the conference call
will also be available at the Investor Relations section of the
Company's website, after 1:00 p.m. CT on October 25, 2005. The
Company's financial results are expected to be released after the
close of trading on the New York Stock Exchange on Monday, October
24, 2005. Maverick Tube Corporation is a St. Louis, Missouri, based
manufacturer of tubular products in the energy industry for
exploration, production, and transmission, as well as industrial
tubing products (steel electrical conduit, HSS, standard pipe, pipe
piling, and mechanical tubing) used in various applications. This
news release may contain forward-looking information that is based
on assumptions that are subject to numerous business risks, many of
which are beyond the control of the Company. There is no assurance
that such assumptions will prove to be accurate. Actual results may
differ from these forward-looking statements due to numerous
factors, including those described under "Risk Factors" and
elsewhere in Maverick's Form 10-K for its year ended December 31,
2004.
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