RTTNews | Feb 18, 2021 06:55AM EST

06:55 Thursday, February 18, 2021 (RTTNews.com) - Reliance Steel & Aluminum (RS) reported earnings for fourth quarter that fell from the same period last year.

The company's earnings came in at $129.6 million, or $2.01 per share. This compares with $165.6 million, or $2.44 per share, in last year's fourth quarter.

Excluding items, Reliance Steel & Aluminum reported adjusted earnings of $129.7 million or $2.01 per share for the period.

Analysts had expected the company to earn $2.02 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 13.1% to $2.13 billion from $2.45 billion last year.

Reliance Steel & Aluminum earnings at a glance:

-Earnings (Q4): $129.7 Mln. vs. $165.6 Mln. last year.-EPS (Q4): $2.01 vs. $2.44 last year.-Analysts Estimate: $2.02-Revenue (Q4): $2.13 Bln vs. $2.45 Bln last year.

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