Reliance Steel: Q3 Earnings Snapshot
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SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — Reliance Steel & Aluminum Co. (RS) on Thursday reported profit of $295 million in its third quarter.
On a per-share basis, the Scottsdale, Arizona-based company said it had net income of $4.99. Earnings, adjusted for restructuring costs, came to $5 per share.
The metals service-center company posted revenue of $3.62 billion in the period.
For the current quarter ending in December, Reliance Steel expects its per-share earnings to range from $3.70 to $3.90.
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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
