Reliance (RS) Lags Q2 Earnings Estimates

Reliance (RS) came out with quarterly earnings of $4.43 per share, missing the Zacks Consensus Estimate of $4.72 per share. This compares to earnings of $4.65 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -6.14%. A quarter ago, it was expected that this metals service-center company would post earnings of $3.66 per share when it actually produced earnings of $3.77, delivering a surprise of +3.01%. Over the last four quarte ...