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Reliance Steel: Q1 Earnings Snapshot

By AP News - Apr 27, 2023, 07:03 AM ET
Last Updated - Jun 22, 2023, 03:04 AM EDT
Reliance Steel: Q1 Earnings Snapshot

SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — Reliance Steel & Aluminum Co. (RS) on Thursday reported profit of $383.1 million in its first quarter.

On a per-share basis, the Scottsdale, Arizona-based company said it had net income of $6.43. Earnings, adjusted for non-recurring gains, were $6.37 per share.

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The metals service-center company posted revenue of $3.97 billion in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a RS">Zacks stock report on RS at https://www.zacks.com/ap/RS

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