Reliance Steel & Aluminum Co logo

RS - Reliance Steel & Aluminum Co News Story

$177.24 2.3  1.3%

Last Trade - 07/05/21

Sector
Basic Materials
Size
Large Cap
Market Cap £8.08bn
Enterprise Value £8.72bn
Revenue £6.50bn
Position in Universe 887th / 6858

BRIEF-Reliance Steel & Aluminum Q1 non-gaap EPS $1.52

Thu 27th April, 2017 11:50am
April 27 (Reuters) - Reliance Steel & Aluminum Co  RS.N  
    * Reliance steel & aluminum co. Reports first quarter 2017 
financial results 
    * Sees q2 2017 earnings per share $1.50 to $1.60 
    * Q1 non-gaap earnings per share $1.52 
    * Q1 gaap earnings per share $1.52 
    * Q1 sales rose 11.9 percent to $2.42 billion 
    * Q1 earnings per share view $1.39, revenue view $2.36 
billion -- Thomson Reuters I/B/E/S 
    * Q2 earnings per share view $1.60 -- Thomson Reuters 
I/B/E/S 
    * "estimates tons sold will be flat to up 2% in q2 of 2017 
compared to q1 of 2017" 
    * Reliance steel & aluminum co says "expects current demand 
levels to maintain with potential for slight improvement" 
    * Reliance steel & aluminum co says company estimates tons 
sold will be flat to up 2% in q2 of 2017 compared to q1 of 2017 
    * Reliance steel & aluminum co says "metal pricing 
experienced some downward pressure in beginning of q2" 
    * In q2 2017, "expects its average selling price will be 
flat to up 2% from q1 of 2017" 
 
Source text for Eikon:  ID:nGNXNSTNQa  
Further company coverage:  RS.N  
 
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