Benzinga | Oct 22, 2020 06:52AM EDT

Reliance Steel & Aluminum Q3 Adj. EPS $1.87 Beats $1.50 Estimate, Sales $2.09B Miss $2.13B Estimate

Reliance Steel & Aluminum (NYSE:RS) reported quarterly earnings of $1.87 per share which beat the analyst consensus estimate of $1.50 by 24.67 percent. This is a 21.76 percent decrease over earnings of $2.39 per share from the same period last year. The company reported quarterly sales of $2.09 billion which missed the analyst consensus estimate of $2.13 billion by 2.08 percent. This is a 22.35 percent decrease over sales of $2.69 billion the same period last year.