Reliance Steel (RS) Tops Q4 EPS by 22c, Offers Q1 Outlook
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Reliance Steel & Aluminum Co. Reports Fourth Quarter and Full Year 2017 Financial Results
February 15, 2018 6:50 AM EST-- Fourth quarter GAAP EPS of $4.09; non-GAAP EPS of $1.22 increased 45.2% year-over-year-- Second highest annual net sales of $9.72 billion increased $1.1 billion, or 12.9%, year-over-year-- Highest ever annual gross profit dollars of $2.79 billion; gross profit margin of 28.7%-- Repurchased $25 million of Reliance common stock-- Increased quarterly dividend by 11.1% to $0.50 per share
LOS ANGELES, Feb. 15, 2018 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) today reported its financial results for the fourth quarter and full year ended December 31, 2017.
Fourth Quarter 2017 Financial Highlights
Net sales... More