Reliance Steel (RS) Tops Q4 EPS by 5c, Quides Q1 EPS Below Views

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Reliance Steel & Aluminum Co. Reports Fourth Quarter And Full Year 2015 Financial Results

February 18, 2016 6:50 AM EST

LOS ANGELES, Feb. 18, 2016 /PRNewswire/ -- Reliance Steel & Aluminum Co. (NYSE: RS) today reported its financial results for the fourth quarter and full year ended December 31, 2015.

Fourth Quarter 2015 Financial Highlights

Sales were $2.03 billion, down 21.4% from $2.58 billion in the fourth quarter of 2014 and down 11.4% from $2.29 billion in the third quarter of 2015. Tons sold were down 6.1% from the fourth quarter of 2014 and down 7.1% from the third quarter of 2015, with the average selling price per ton sold down 16.6%... More