Reliance Steel (RS) Tops Q4 EPS by 10c
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Reliance Steel & Aluminum Co. Reports Fourth Quarter and Full Year 2016 Financial Results
February 16, 2017 6:50 AM EST- Fourth quarter EPS of $0.84- Record annual gross profit margin of 30.1% for 2016Â - Generated full year cash flow from operations of $626.5 million- Increased quarterly dividend by 6% to $0.45 per share
LOS ANGELES, Feb. 16, 2017 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) today reported its financial results for the fourth quarter and full year ended December 31, 2016.
Fourth Quarter 2016 Financial Highlights
Sales were $2.06 billion, up 1.7% from $2.03 billion in the fourth quarter of 2015 and down 5.7% from... More