Reliance Steel Lifts Q1 Earnings Forecast

Reliance Steel & Aluminum Co

lifted its first-quarter earnings forecast. Reliance Steel expects earnings of about $1.50 per share, versus its February forecast of $1.15 to $1.25. Reliance is scheduled to report its Q1 results April 26. Reliance Steel shares gained 5.53% to $54.95 in pre-market trading.