Russel Metals Inc. Profit Advances In Q2

(RTTNews) - Russel Metals Inc. (RUS.TO) announced earnings for its second quarter that Increases, from last year

The company's earnings came in at C$78.5 million, or C$1.43 per share. This compares with C$60.4 million, or C$1.07 per share, last year.

Excluding items, Russel Metals Inc. reported adjusted earnings of C$89.8 million or C$1.63 per share for the period.

The company's revenue for the period rose 37.1% to C$1.655 billion from C$1.207 billion last year.

Russel Metals Inc. earnings at a glance (GAAP) :

-Earnings: C$78.5 Mln. vs. C$60.4 Mln. last year. -EPS: C$1.43 vs. C$1.07 last year. -Revenue: C$1.655 Bln vs. C$1.207 Bln last year.

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