Reliance Steel (RS) Tops Q3 EPS by 30c, Beats on Revenue
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Reliance Steel & Aluminum Co. Reports Third Quarter 2022 Financial Results
October 27, 2022 6:50 AM EDT- Quarterly net sales of $4.25 billion increased 10.4% year-over-year
- Strong quarterly EPS of $6.45; non-GAAP EPS of $6.48
- Record first nine months EPS of $23.98
- Record quarterly and first nine months cash flow from operations of $635.7 million and $1.31 billion
- Repurchased approximately 1.9 million common shares during the quarter for a total of $336.7 million
SCOTTSDALE, Ariz., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) today reported its financial results for the third quarter ended September 30, 2022.
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