|Bid||65.00 x 800|
|Ask||115.17 x 800|
|Day's Range||110.31 - 112.63|
|52 Week Range||70.57 - 122.17|
|Beta (5Y Monthly)||1.10|
|PE Ratio (TTM)||18.14|
|Earnings Date||Oct. 22, 2020|
|Forward Dividend & Yield||2.50 (2.25%)|
|Ex-Dividend Date||Aug. 13, 2020|
|1y Target Est||107.40|
Reliance Steel & Aluminum Co. (NYSE:RS) came out with its third-quarter results last week, and we wanted to see how...
Good morning, and thanks to all of you for joining our conference call to discuss our third quarter 2020 financial results. Improved demand in the major in the majority our end markets as the economy continued to slowly reopen following COVID-19-related shutdowns and project delays in the second quarter of 2020 drove this strength.
Reliance Steel (RS) delivered earnings and revenue surprises of 22.22% and -0.85%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?