Reliance Steel & Aluminum Co. Reports First Quarter 2019 Financial Results

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Reliance Steel (RS) Tops Q1 EPS by 43c, Revenues Miss; Affirms FY19 EPS Guidance Above Consensus

April 25, 2019 6:52 AM EDT

Reliance Steel (NYSE: RS) reported Q1 EPS of $2.80, $0.43 better than the analyst estimate of $2.37. Revenue for the quarter came in at $2.956 billion versus the consensus estimate of $2.96 billion.

We remain pleased with our overall financial position and believe we have ample liquidity... More