Reliance Steel & Aluminum (NYSE: RS) is expected to report Q1 earnings on April 25. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Reliance Steel & Aluminum's revenues will decrease -9.6% and EPS will wane -24.7%.

The average estimate for revenue is $2.07 billion. On the bottom line, the average EPS estimate is $1.16.

Revenue details
 Last quarter, Reliance Steel & Aluminum logged revenue of $1.89 billion. GAAP reported sales were 7.1% lower than the prior-year quarter's $2.03 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, non-GAAP EPS came in at $1.06. GAAP EPS of $1.05 for Q4 were 17% higher than the prior-year quarter's $0.90 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 27.8%, 440 basis points better than the prior-year quarter. Operating margin was 7.3%, 180 basis points better than the prior-year quarter. Net margin was 4.3%, 100 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $9.62 billion. The average EPS estimate is $5.79.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 541 members out of 567 rating the stock outperform, and 26 members rating it underperform. Among 116 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 111 give Reliance Steel & Aluminum a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Reliance Steel & Aluminum is outperform, with an average price target of $63.83.

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