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

Reliance

22/07/2021 14:04

* Reliance Steel & Aluminum Co  RS.N  reported quarterly
adjusted earnings of $5.06​​ per share for the quarter ended in
June. The mean expectation of five analysts for the quarter was
for earnings of $4.89 per share.
* Revenue rose 69.3% to $3.42 billion from a year ago;  analysts
expected $3.17 billion. 
* Reliance Steel & Aluminum Co's reported EPS for the quarter
was $5.08​.
* The mean earnings estimate of analysts had risen by
about 29.4% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Reliance Steel & Aluminum Co shares had fallen by 0.0% this
quarter and gained 26.0% so far this year.
* The company reported quarterly net income of $329.1 million.
* Wall Street's median 12-month price target for Reliance Steel
& Aluminum Co is $162.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 22 at 01:04 p.m.  ​All
figures in US dollars unless otherwise stated