Thursday, July 19, 2007

Reliance Steel second-quarter profit climbs

(Reuters) - In April, the company said growth in its key segments would
moderate this year, but it still expected record earnings and
sales. For the second quarter, Reliance said it expected
earnings of $1.45 to $1.55 per share.




As a result, analysts raised their estimates and, on
average, were expecting $1.57 in the second quarter, according
to Reuters Estimates.



Read more at Reuters.com Market News

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