Reliance Steel & Aluminum Higher Ahead of Earnings

Thursday, Feb 17, 2011
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Shares of Reliance Steel & Aluminum Co. higher by +0.65% ahead of its quarterly earnings release. Reliance Steel & Aluminum, the provider of metals processing services is expected to release its quarterly results on February 17th.


Wall Street Analysts consensus calls for a profit of $0.45 a share on $1.53 billion revenue.


Reliance Steel & Aluminum estimates have a range of $0.11 a share. The high estimate calls for profit of $0.51 a share and the low estimate is calling for a profit of $0.4 a share, a year ago for the quarter the company reported $1.05 a share.


Reliance Steel & Aluminum Co. is a dristributor and metal processing services provider. The company processes steel and aluminum. Its products include carbon, alloy, stainless and specialty steel, aluminum, brass, and copper. Reliance operates processing and distribution centers throughout the United States.

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