LOS ANGELES (AP) _ Reliance Steel & Aluminum Co. (RS) on Thursday reported fourth-quarter earnings of $165.6 million.

The Los Angeles-based company said it had net income of $2.44 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.71 per share.

The metals service-center company posted revenue of $2.45 billion in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $2.47 billion.

For the year, the company reported profit of $701.5 million, or $10.34 per share. Revenue was reported as $10.97 billion.

Reliance Steel shares have fallen 2% since the beginning of the year. The stock has increased 39% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RS at https://www.zacks.com/ap/RS

Automated Insights, source Associated Press News