Reliance Steel & Aluminum Co. Reports Record First Quarter 2021 Financial Results

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Reliance Steel (RS) Tops Q1 EPS by 59c, Offers Guidance

April 22, 2021 6:54 AM EDT

Reliance Steel (NYSE: RS) reported Q1 EPS of $4.10, $0.59 better than the analyst estimate of $3.51. Revenue for the quarter came in at $2.84 billion versus the consensus estimate of $2.78 billion.

GUIDANCE:

Reliance Steel sees Q2 2021 EPS of $4.20-$4.40, versus the consensus of $3.27.

While macroeconomic uncertainty stemming from the COVID-19 pandemic continues, Reliance... More