Reliance Steel (RS) Tops Q1 EPS by 43c, Revenues Miss; Affirms FY19 EPS Guidance Above Consensus
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Reliance Steel & Aluminum Co. Reports First Quarter 2019 Financial Results
April 25, 2019 6:50 AM EDT-Â EPS of $2.80 increased 21.7% year-over-year- Net sales of $2.96 billion increased $199.5 million, or 7.2%, year-over-year- Strong gross profit margin of 29.3% drove gross profit dollars of $866.9 million, second highest in Companys history- Pretax income of $255.5 million, second highest in Companys history, increased 13.5% year-over-year
LOS ANGELES, April 25, 2019 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) today reported its financial results for the first quarter ended March 31, 2019 (in millions, except tons which are in thousands and per share amounts).
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