Reliance Steel Q3 Results Meet Estimates; Guides Q4 Adj EPS Well Below Estimates

Reliance Q4 Results Miss Estimates

While reporting financial results for the second quarter on Thursday, metals service center company Reliance, Inc. (RS) said it expects adjusted earnings for the third quarter in a range of $3.60 to $3.80 per share, as the company expects its average selling price per ton sold for the quarter to be down 2 to 4 percent.

RTTNews | 474 days ago

Reliance Steel Q2 Results Miss Estimates; Guides Q3 Adj EPS In Line With View

While reporting financial results for the second quarter on Thursday, metals service center company Reliance Steel & Aluminum Co. (RS) said it expects adjusted earnings for the third quarter in a range of $4.90 to $5.10 per share, as the company expects its average selling price per ton sold for the quarter to be down 2 to 5 percent.

RTTNews | 838 days ago

Reliance Steel Q2 Results Top Estimates; Guides Q3 Adj EPS Below View

While reporting financial results for the second quarter on Thursday, metals service center company Reliance Steel & Aluminum Co. (RS) said it expects adjusted earnings for the third quarter in a range of $6.00 to $6.20 per share, as the company expects its average selling price per ton sold for quarter to be up 5 to 7 percent.

RTTNews | 1202 days ago

Bay Street May Open Higher Again

Canadian stocks may open higher on Tuesday, riding on firm commodity prices. The passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history, is likely to aid sentiment.

RTTNews | 5h 4min ago

UK Unemployment Rate Highest Since 2021

The UK unemployment rate increased to the highest since early 2021 in the third quarter, raising chances of an interest rate cut, official data revealed on Tuesday. The ILO jobless rate rose to 5.0 percent in the third quarter from 4.8 percent in the three months to August, the Office for National Statistics said. The rate was above economists' forecast of 4.9 percent.

RTTNews | 5h 58min ago

FTSE 100 Rises On Rate Cut Hopes; Vodafone Group Moves Up Sharply

U.K.'s FTSE 100 index has moved up sharply on Tuesday, amid hopes of a rate cut by the Bank of England next month after data showed an increase in the nation's unemployment rate in the third quarter. The passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history is also aiding sentiment.

RTTNews | 6h 15min ago

CAC 40 Up 0.6%; Hermes International, LVMH Among Top Gainers

French stocks are up firmly in positive territory on Tuesday, extending gains from the previous session, following the passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history.

RTTNews | 6h 42min ago

DAX Up Marginally As Mood Remains Positive After Passage Of U.S. Short-term Spending Bill

The German market is up in positive territory on Tuesday, as the undertone remains firm following the U.S. Senate passing a short-term funding bill late Monday to end the longest government shutdown in U.S, history.

RTTNews | 7h 7min ago

EURUSD	1.15974	GBPUSD	1.31784	AUDUSD	0.65315
USDJPY	154.041	USDCAD	1.40039	USDCHF	0.79961