Reliance Steel (RS) Earnings Lag, Sales Beat Estimates in Q4

Posted on Top Stories at 8:51 pm on February 22, 2019 by admin

Reliance Steel amp Aluminum Co RS 160 posted profit of 85 6 million or 1 22 per share in the fourth quarter of 2018 down roughly 72 from 301 4 million or 4 09 in the year ago quarter The bottom line in the reported quarter was hurt by a hefty LIFO inventory expense

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