Reliance Steel (RS) Misses Q2 EPS by 8c
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Reliance Steel & Aluminum Co. Reports Second Quarter 2023 Financial Results
July 27, 2023 6:50 AM EDTNet sales of $3.88 billion with tons sold up 1.9% from Q2 2022 Strong gross profit margin of 31.5% EPS of $6.49 Cash flow from operations of $295.1 million Repurchased $73.9 million of common stock Completed acquisition of Southern Steel Supply, LLC on May 1, 2023
SCOTTSDALE, Ariz., July 27, 2023 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) today reported its financial results for the second quarter ended June 30, 2023.
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