Brief: Reliance Steel & Aluminum Co Reports Q2 2022 Financial Results

Reliance

28/07/2022 12:25

July 28 (Reuters) - Reliance Steel & Aluminum Co  RS.N :
    * . REPORTS SECOND QUARTER 2022 FINANCIAL RESULTS
    * SEES Q3 NON-GAAP EARNINGS PER SHARE $6.00 TO $6.20
    * RECORD QUARTERLY SALES OF $4.68 BILLION, UP 4.4%
    * QTRLY DILUTED EPS $9.15
    * ESTIMATES TONS SOLD WILL BE DOWN 3% TO 5% IN Q3 OF 2022
COMPARED
TO Q2 OF 2022
    * EXPECTS ITS AVERAGE SELLING PRICE PER TON SOLD FOR Q3 OF
2022 TO
BE DOWN 5% TO 7% COMPARED TO Q2 OF 2022
    * Q2 EARNINGS PER SHARE VIEW $9.01, REVENUE VIEW $4.60
BILLION --
REFINITIV IBES DATA
    * Q3 EARNINGS PER SHARE VIEW $6.57 -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX9QvN2y 
Further company coverage:  RS.N 

 ((Reuters.Briefs@thomsonreuters.com;))