Earnings Update: Reliance Steel & Aluminum Releases its Quarterly Earnings on October 21, 2010 (RS)

Analysts, on average, expect Reliance Steel & Aluminum （NYSE:RS） to report earnings of $0.72 per share on sales of $1.6 billion on October 21, 2010.

For the full year, analysts expect the company to post EPS of $2.94. In the year-ago period, the company reported EPS of $0.57 on sales of $1.2 billion.

In the previous quarter, the company reported EPS of $0.83, topping consensus estimates of $0.82.

SmarTrend is bullish on shares of Reliance Steel & Aluminum and our subscribers were alerted to Buy on September 03, 2010 at $40.45. The stock has risen 6.2% since the alert was issued.