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

Reliance

28/10/2021 19:46

* Reliance Steel & Aluminum Co  RS.N  reported quarterly
adjusted earnings of $6.15​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of $5.95 per share.
* Revenue rose 84.5% to $3.85 billion from a year ago;  analysts
expected $3.74 billion. 
* Reliance Steel & Aluminum Co's reported EPS for the quarter
was $6.15​.
* The mean earnings estimate of analysts had risen by about 5.8%
in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Reliance Steel & Aluminum Co shares had risen by 1.1% this
quarter and gained 20.2% so far this year.
* The company reported quarterly net income of $395.7 million.
* Wall Street's median 12-month price target for Reliance Steel
& Aluminum Co is $165.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated October 28 at 06:46 p.m.
 ​All figures in US dollars unless otherwise stated