Earnings Reports (February 06, 1989)

Reynolds Metals (NYSE) of Richmond, Va., reports net income for the 3-month period ended Dec 31 of $139.9 million(US) or $2.61 per share on revenue of $1,483 million. For the same period a year earlier the company reported net income of $80 million or $1.50 per share on revenue of $1,155 million.

For the year ended Dec 31 the company reported net income of $482 million or $9.01 per share on revenue of $5,618 million, compared with earnings of $219 million or $4.33 per share on revenue of $4,316 million in 1987.

]]>