Reliance, Inc. Profit Falls In Q2

(RTTNews) - Reliance, Inc. (RS) announced earnings for second quarter that Drops, from last year

The company's bottom line came in at $233.7 million, or $4.42 per share. This compares with $267.8 million, or $4.67 per share, last year.

Excluding items, Reliance, Inc. reported adjusted earnings of $234.6 million or $4.43 per share for the period.

The company's revenue for the period rose 0.4% to $3.659 billion from $3.643 billion last year.

Reliance, Inc. earnings at a glance (GAAP) :

-Earnings: $233.7 Mln. vs. $267.8 Mln. last year. -EPS: $4.42 vs. $4.67 last year. -Revenue: $3.659 Bln vs. $3.643 Bln last year.