Reliance Steel (RS) Tops Q2 EPS by 35c; Offers 3Q EPS Outlook Above Consensus

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Reliance Steel & Aluminum Co. Reports Record Second Quarter 2018 Financial Results

July 26, 2018 6:50 AM EDT

- Second highest quarterly EPS in Companys history of $3.16 increased 125.7% year-over-year; record quarterly Non-GAAP EPS of $3.10

- Record quarterly pre-tax income of $306.6 million increased $154.2 million, or 101.2%, year-over-year

- Record quarterly net sales of $2.99 billion increased $513.7 million, or 20.8%, year-over-year

- Strong gross profit margin of 30.7% drove highest ever quarterly gross profit dollars of $917.5 million            

LOS ANGELES, July 26, 2018 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) today reported its financial results for the second quarter ended June 30, 2018.

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