Reliance Steel & Aluminum Co reports results for the quarter ended in December - Earnings Summary

Reliance

17/02/2022 13:17

* Reliance Steel & Aluminum Co  RS.N  reported quarterly
adjusted
earnings of $6.83​​ per share for the quarter ended in December.
The mean expectation of seven analysts for the quarter was
for earnings of $5.22 per share.
    * Revenue rose 86.9% to $3.99 billion from a year ago; 
analysts
expected $3.83 billion. 
    * Reliance Steel & Aluminum Co's reported EPS for the
quarter was
$6.83​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Reliance Steel & Aluminum Co shares had risen by 3.7% this
quarter.
    * The company reported quarterly net income of $421.3
million.
    * Wall Street's median 12-month price target for Reliance
Steel &
Aluminum Co is $179.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 17 at 01:17 p.m.
 ​All figures in US dollars unless otherwise stated