•
Sep 30, 2021
Reliance Steel Q3 2021 Earnings Report
Reported record third quarter financial results.
Key Takeaways
Reliance Steel & Aluminum Co. reported record-setting financial results for Q3 2021, with record quarterly net sales of $3.85 billion and record quarterly EPS of $6.15.
Achieved record quarterly net sales of $3.85 billion.
Generated record quarterly gross profit of $1.21 billion with a strong gross profit margin of 31.5%.
Reported record quarterly pretax income of $532.6 million and record pretax income margin of 13.8%.
Earnings per diluted share of $6.15 were also a record and were up 21.1% from the prior quarter.
Reliance Steel
Reliance Steel
Forward Guidance
Reliance anticipates non-GAAP earnings per diluted share in the range of $5.05 to $5.15 for the fourth quarter of 2021.