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Russel Metals Q2 Adjusted EPS, Revenue Rise

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Russel Metals (RUS.TO) reported second quarter adjusted earnings of C$1.63 per share compared with C$1.14 per share a year earlier.

Revenue for the quarter ended June 30 was C$1.66 billion compared with C$1.21 billion a year earlier, the company added after markets closed Thursday.

Analysts polled by FactSet expected revenue of C$1.48 billion.

The company has declared its quarterly dividend of C$0.44 per share, payable on Sept. 15, to shareholders of record at the close of business on Aug. 28, it added.

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