Reliance Steel & Aluminum Co. Reports Third Quarter 2020 Financial Results
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Reliance Steel (RS) Tops Q3 EPS by 37c, Offers Q4 Guidance
October 22, 2020 6:53 AM EDTReliance Steel (NYSE: RS) reported Q3 EPS of $1.87, $0.37 better than the analyst estimate of $1.50. Revenue for the quarter came in at $2.09 billion versus the consensus estimate of $2.13 billion.
GUIDANCE:
Reliance Steel sees Q4 2020 EPS of $1.30-$1.40, versus the consensus of $1.68.
While macroeconomic uncertainty stemming from the COVID-19 pandemic continues, based on current expectations and... More