Reliance raises earnings estimate

Apr 16, 2012 | 01:20 PM |

Tags  Reliance Steel & Aluminum, earnings guidance, David H. Hannah

CHICAGO — Reliance Steel & Aluminum Co., North America’s largest metals distributor, raised its first-quarter earnings guidance Monday.

Reliance now expects earnings for the three months ended March 31 to reach $1.50 per diluted share, besting analysts’ mean estimate of $1.29....

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