Reliance Steel (RS) Tops Q3 EPS by 15c

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

October 22, 2015 8:50 AM EDT

LOS ANGELES, Oct. 22, 2015 /PRNewswire/ -- Reliance Steel & Aluminum Co. (NYSE: RS) today reported its financial results for the third quarter ended September 30, 2015.

Third Quarter 2015 Financial Highlights

Sales were $2.29 billion, down 15.5% from $2.71 billion in the third quarter of 2014 and down 5.7% from $2.42 billion in the second quarter of 2015. Tons sold were down 3.9% from the third quarter of 2014 and down 1.5% from the second quarter of 2015, with the average selling price per ton sold down 12.7% from the third... More