Reliance Steel (RS) Tops Q4 EPS by 71c
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Reliance Steel & Aluminum Co. Reports Fourth Quarter and Full Year 2019 Financial Results
February 20, 2020 6:50 AM EST- Record annual gross profit margin of 30.3% on $11 billion of sales drove record annual gross profit dollars of $3.33 billion- Record annual pretax income of $929.3 million increased $78.7 million, or 9.3%, year-over-year- Record annual net income of $701.5 million increased $67.8 million, or 10.7%, year-over-year- Record annual EPS of $10.34 increased 18.2% year-over-year; Fourth quarter EPS of $2.44- Record cash flow from operations of $1.30 billion- Increased quarterly dividend 13.6% to $0.625 per share
LOS ANGELES, Feb. 20, 2020 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) today reported its financial results for the fourth quarter and... More
