Benzinga | Jul 23, 2020 06:51AM EDT

Reliance Steel & Aluminum Q2 Adj. EPS $1.36 Down From $2.71 YoY, Sales $2.02B Beat $2.01B Estimate

Reliance Steel & Aluminum (NYSE:RS) reported quarterly earnings of $1.36 per share. This is a 49.82 percent decrease over earnings of $2.71 per share from the same period last year. The company reported quarterly sales of $2.02 billion which beat the analyst consensus estimate of $2.01 billion by 0.45 percent. This is a 29.99 percent decrease over sales of $2.88 billion the same period last year.