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Recap: Reliance Steel & Aluminum Q2 Earnings

  Reliance Steel & Aluminum (NYSE:RS) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:50 AM. Here's what investors need to know about the announcement.

Benzinga · 07/28/2022 07:46

 

Reliance Steel & Aluminum (NYSE:RS) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:50 AM.

Here's what investors need to know about the announcement.

Earnings

Reliance Steel & Aluminum beat estimated earnings by 1.55%, reporting an EPS of $9.15 versus an estimate of $9.01.

Revenue was up $1.26 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.28 which was followed by a 0.44% drop in the share price the next day.

Here's a look at Reliance Steel & Aluminum's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 7.14 5.22 5.95 4.73
EPS Actual 8.42 6.83 6.15 5.06
Revenue Estimate 4.13B 3.83B 3.74B 3.14B
Revenue Actual 4.49B 3.99B 3.85B 3.42B

To track all earnings releases for Reliance Steel & Aluminum VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.