Reliance steel & aluminum reports q4 earnings per share $2.44

. reports fourth quarter and full year 2019 financial results.q4 earnings per share $2.44.q4 earnings per share estimate $1.73 -- refinitiv ibes data.sees q1 2020 non-gaap earnings per share $2.00 to $2.10.q4 revenue $3.33 billion.q4 revenue estimate $2.49 billion -- refinitiv ibes data.reliance management is optimistic about business conditions in q1 of 2020.qtrly tons sold were 1.38 million down 6.8 percent from q3.reliance steel & aluminum - expects end demand in q1 of 2020 will remain relatively healthy, and estimates tons sold will be up 6% to 8% in q1 of 2020.demand in energy (oil and gas) market remains at low levels, which reliance expects to continue in near-term.semiconductor demand improved in q4 following weak demand in first nine months of 2019.expects semiconductor demand to improve in 2020 as compared to 2019.qtrly average selling price per ton sold $1,763 down 2.4 percent versus q3.remains cautiously optimistic that demand in non-residential construction will continue to strengthen in 2020.demand in the energy market remains at low levels, which co expects to continue in the near-term.during q4 of 2019, company's shipments declined 6.8% compared to q3 of 2019.expects that end demand in q1 will remain relatively healthy, and estimates tons sold will be up 6% to 8% in q1.q1 earnings per share view $2.39 -- refinitiv ibes data.
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