Reliance Steel & Aluminum Co. Reports Fourth Quarter and Full Year 2020 Financial Results

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Reliance Steel (RS) Misses Q4 EPS by 1c, Offers Q1 Guidance

February 18, 2021 6:52 AM EST

Reliance Steel (NYSE: RS) reported Q4 EPS of $2.01, $0.01 worse than the analyst estimate of $2.02. Revenue for the quarter came in at $2.13 billion versus the consensus estimate of $2.18 billion.

GUIDANCE:

Reliance Steel sees Q1 2021 EPS of $3.40-$3.50, versus the consensus of $2.72.

Business Outlook While macroeconomic uncertainty stemming from the COVID-19 pandemic... More