LOS ANGELES (AP) _ Reliance Steel & Aluminum Co. (RS) on Thursday reported third-quarter net income of $97.6 million.

On a per-share basis, the Los Angeles-based company said it had profit of $1.51. Earnings, adjusted for one-time gains and costs, were $1.87 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.53 per share.

The metals service-center company posted revenue of $2.09 billion in the period.

Reliance Steel shares have declined 6.5% since the beginning of the year. The stock has climbed 13% 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

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