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Stock Market & Financial Investment News

News Breaks
February 21, 2013
08:52 EDTRSReliance Steel reports Q4 EPS $1.06, consensus 97c
Reports Q4 revenue $1.89B, consensus $1.94B.
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October 23, 2014
08:53 EDTRSReliance Steel sees Q4 non-GAAP EPS $1.00-$1.10, consensus $1.18
Reliance expects the U.S. economy to maintain its slow but steady recovery. Due to normal fourth quarter seasonality associated with fewer shipping days resulting from the holiday season as well as extended holiday-related closures at many of its customers' facilities, Reliance expects lower tons sold in the fourth quarter of 2014 than in the third quarter. Pricing is also expected to decline somewhat in the fourth quarter given current weakness in many carbon steel products as well as decreasing nickel prices.
08:52 EDTRSReliance Steel: Energy demand strengthened in Q3, to improve into 2015
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08:52 EDTRSReliance Steel: Q3 increased volume reflects steady improvement in demand
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08:51 EDTRSReliance Steel reports Q3 tons sold up 6.4%
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08:50 EDTRSReliance Steel reports Q3 non-GAAP EPS $1.33, consensus $1.35
Reports Q3 revenue $2.71B, consensus $2.67B
October 17, 2014
08:48 EDTRSBofA/Merrill global steel analysts hold analyst/industry conference call
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06:43 EDTRSReliance Steel upgraded to Buy from Hold at Topeka
Topeka upgraded Reliance Steel to Buy based on valuation.

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