CORRECTION: Reliance Q1 Adj. EPS $5.16 Beats $4.67 Estimate, Sales $4.026B Beat $3.911B Estimate
Reliance (NYSE:RS) reported quarterly earnings of $5.16 per share which beat the analyst consensus estimate of $4.67 by 10.49 percent. This is a 36.87 percent increase over earnings of $3.77 per share from the same period last year. The company reported quarterly sales of $4.026 billion which beat the analyst consensus estimate of $3.911 billion by 2.95 percent. This is a 15.53 percent increase over sales of $3.485 billion the same period last year.
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