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Reliance Steel & Aluminum Co. Message Board

  • MJGJLG MJGJLG Jul 26, 2012 5:29 PM Flag

    FIFO EPS drops, Stock goes up?

    FIFO EPS:

    1st Qtr 2011 $1.41
    2nd Qtr 2011 $1.54
    1st Half 2011 $2.95

    1st Qtr 2012 $1.62
    2nd Qtr 2012 $1.39
    1st Half 2012 $3.00

    This qtr's Regular earnings were inflated w approx $4.9 million of post-tax LIFO income.

 
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