Reliance Steel (RS) Tops Q2 EPS by 33c, Q3 EPS Guidance Beats

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

July 22, 2021 6:50 AM EDT

Record quarterly net sales of $3.42 billion Record quarterly gross profit of $1.08 billion driven by strong gross profit margin of 31.7% Record quarterly pretax income of $444.1 million and record pretax income margin of 13.0% Record quarterly EPS of $5.08 Increased existing share repurchase program to $1 billion Announces increase in estimated sustainable gross profit margin range to 29% to 31%

LOS ANGELES, July 22, 2021 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) today reported its financial results for the second quarter ended June 30, 2021.

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