Reliance Steel & Aluminum Co. Reports Fourth Quarter And Full Year 2015 Financial Results
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BofA/Merrill Lynch Downgrades Reliance Steel & Aluminum (RS) to Neutral
February 19, 2016 7:05 AM ESTBofA/Merrill Lynch downgraded Reliance Steel & Aluminum (NYSE: RS) from Buy to Neutral with a price target of $62.00 (from $59.00).
For an analyst ratings summary and ratings history on Reliance Steel & Aluminum click here.... More
Reliance Steel (RS) Tops Q4 EPS by 5c, Quides Q1 EPS Below Views
February 18, 2016 7:40 AM ESTReliance Steel (NYSE: RS) reported Q4 EPS of $0.87, $0.05 better than the analyst estimate of $0.82. Revenue for the quarter came in at $2.03 billion versus the consensus estimate of $2.14 billion.
GUIDANCE:
Reliance Steel sees Q1 2016 EPS of $0.80-$0.90, versus the consensus of $1.07.
Reliance management is confident in the Company's continued... More

