Reliance Steel & Aluminum Q2 Profit Tops Estimates - Quick Facts

(RTTNews) - Reliance Steel & Aluminum Co. (RS) reported second quarter net income attributable to company of $90.2 million, down 6.5% from $96.5 million in the second quarter of 2014. Earnings per share were $1.20, compared to $1.22. Non-GAAP earnings per share were $1.21, for the quarter.

On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $1.12 for the quarter. Analysts' estimates typically exclude special items.

Sales were $2.42 billion, down 7.4% from $2.62 billion in the second quarter of 2014. Analysts expected revenue of $2.52 billion for the quarter.

The company currently expects earnings per share to be in the range of $0.95 to $1.05 for the third quarter ending September 30, 2015. Analysts expect the company to report earnings per share of $1.22.