Reliance Steel: Q2 Earnings Snapshot
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SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — Reliance Steel & Aluminum Co. (RS) on Thursday reported second-quarter earnings of $385.1 million.
On a per-share basis, the Scottsdale, Arizona-based company said it had net income of $6.49.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $6.52 per share.
The metals service-center company posted revenue of $3.88 billion in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RS at https://www.zacks.com/ap/RS
