Russel Metals Inc. Q1 Income Falls

Russel Metals Inc. (RUS.TO) released a profit for first quarter that decreased from last year

The company's earnings totaled C$43 million, or C$0.75 per share. This compares with C$50 million, or C$0.82 per share, last year.

The company's revenue for the period rose 10.7% to C$1.174 billion from C$1.061 billion last year.

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

-Earnings: C$43 Mln. vs. C$50 Mln. last year.
-EPS: C$0.75 vs. C$0.82 last year.
-Revenue: C$1.174 Bln vs. C$1.061 Bln last year.

by RTTNews Staff Writer

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