Reliance Steel & Aluminum Co. Reports Third Quarter 2016 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/19/2026
Go back to Reliance Steel & Aluminum Co. Reports Third Quarter 2016 Financial Results
October 21, 2016 8:41 AM EDT
Jefferies reiterated a Hold rating on Reliance Steel & Aluminum (NYSE: RS), and cut the price target to $70.00 (from $72.00), following the company's 3Q earnings report. RS reported adjusted EPS of $1.25, which was below the consensus of $1.32, and at the lower end of the $1.25-1.35 guidance... More
October 20, 2016 6:56 AM EDT
Reliance Steel (NYSE: RS) declared a quarterly dividend of $0.425 per share, or $1.7 annualized.
The dividend will be payable on December 16, 2016, to stockholders of record on November 18, 2016, with an ex-dividend date of November 16, 2016.
The annual yield on the dividend is 2.3 percent.
For a... More
October 20, 2016 6:54 AM EDT
Reliance Steel (NYSE: RS) reported Q3 EPS of $1.25, $0.07 worse than the analyst estimate of $1.32. Revenue for the quarter came in at $2.19 billion versus the consensus estimate of $2.22 billion.
GUIDANCE:
Reliance Steel sees Q4 2016 EPS of $0.65-$0.75, versus the consensus... More
