Reliance Steel (RS) Tops Q2 EPS by 10c; Issues Light Q3 Outlook

Go back to Reliance Steel (RS) Tops Q2 EPS by 10c; Issues Light Q3 Outlook

Reliance Steel & Aluminum Co. Reports Second Quarter 2015 Financial Results

July 23, 2015 8:50 AM EDT

LOS ANGELES, July 23, 2015 /PRNewswire/ -- Reliance Steel & Aluminum Co. (NYSE: RS) today reported its financial results for the second quarter ended June 30, 2015.

Second Quarter 2015 Financial Highlights

Sales were $2.42 billion, down 7.4% from $2.62 billion in the second quarter of 2014 and down 7.3% from $2.61 billion in the first quarter of 2015. Tons sold were down 2.1% from the second quarter of 2014 and down 2.4% from the first quarter of 2015, with the average selling price per ton sold down 6.0% from... More