Reliance(RS)

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Reliance Q1 Earnings and Revenues Beat Estimates, Down Y/Y
ZACKS· 2025-04-25 11:30
Reliance, Inc. (RS) posted profits of $199.7 million or $3.74 per share in the first quarter of 2025, down from $302.9 million or $5.23 per share in the year-ago quarter. Barring one-time items, RS recorded earnings of $3.77 per share, down from $5.30 a year ago. It surpassed the Zacks Consensus Estimate of $3.66.The company recorded net sales of $3,484.7 million, down around 4% year over year. The top line beat the Zacks Consensus Estimate of $3,456.5 million. RS benefited from higher shipments amid headwi ...
Reliance(RS) - 2025 Q1 - Earnings Call Transcript
2025-04-24 21:20
Reliance, Inc. (NYSE:RS) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Kimberly Orlando - ADDO Investor Relations Karla Lewis - President and Chief Executive Officer Stephen Koch - Executive Vice President and Chief Operating Officer Arthur Ajemyan - Senior Vice President and Chief Financial Officer Conference Call Participants Martin Englert - Seaport Research Partners Phil Gibbs - KeyBanc Capital Markets Katja Jancic - BMO Capital Markets Mike Harris - Goldman Sachs John ...
Reliance(RS) - 2025 Q1 - Quarterly Results
2025-04-23 20:10
-- Net sales of $3.48 billion with record tons sold, up 9.0% year-over-year (same-store tons sold up 5.6%) -- Strong gross profit margin of 29.7% -- EPS of $3.74; non-GAAP EPS of $3.77 -- Repurchased $253.2 million of common stock SCOTTSDALE, Ariz., April 23, 2025 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE: RS) today reported its financial results for the first quarter ended March 31, 2025. EXHIBIT 99.1 Reliance, Inc. Reports First Quarter 2025 Financial Results (in millions, except tons sold which are in tho ...
Reliance, Inc. Reports First Quarter 2025 Financial Results
GlobeNewswire· 2025-04-23 20:05
-- Net sales of $3.48 billion with record tons sold, up 9.0% year-over-year (same-store tons sold up 5.6%) -- Strong gross profit margin of 29.7% -- EPS of $3.74; non-GAAP EPS of $3.77 -- Repurchased $253.2 million of common stock SCOTTSDALE, Ariz., April 23, 2025 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE: RS) today reported its financial results for the first quarter ended March 31, 2025. (in millions, except tons sold which are in thousands, per ton and per share amounts) Sequential Quar ...
Reliance (RS) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2025-04-16 15:07
Wall Street expects a year-over-year decline in earnings on lower revenues when Reliance (RS) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 23, 2025, might help the stock move higher if these key numbers are better than expectations ...
Reliance, Inc. to Announce First Quarter 2025 Results on Wednesday, April 23rd
Newsfilter· 2025-04-09 10:50
SCOTTSDALE, Ariz., April 09, 2025 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced today that it will report first quarter 2025 financial results for the period ended March 31, 2025, on Wednesday, April 23, 2025, after the market closes. Reliance management will host a conference call on Thursday, April 24, 2025, at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet hosted on the Investors section of the Company's website at reliance.com. Reliance, Inc. First Quarter 2025 Confe ...
Reliance's Shares Up 11% in 3 Months: What's Driving the Stock?
ZACKS· 2025-03-27 12:40
Reliance, Inc.’s (RS) shares have gained 10.6% over the past three months. The company has also outperformed the Zacks Mining – Miscellaneous industry’s 6% rise over the same time frame. Let’s take a look into the factors that are driving RS stock. Image Source: Zacks Investment ResearchHealthy End-Market Demand & Acquisitions Aid RS StockReliance is benefiting from continued strength in non-residential construction, its largest end market. Demand improved in this market in the fourth quarter from the year- ...
Here's Why You Should Hold Onto Reliance Stock For Now
ZACKS· 2025-03-10 11:16
Reliance, Inc. (RS) benefits from a diversified business model and product base, growth through strategic acquisitions and strong liquidity amid headwinds from pricing weakness.RS’ shares have declined 9.1% in the past year compared with the Zacks Mining – Miscellaneous industry’s 6.9% decline. Image Source: Zacks Investment ResearchLet’s find out why RS stock is worth retaining at the moment.Acquisitions & Strong Liquidity Bode Well for RS StockReliance gains on its resilient business model serving diverse ...
Reliance(RS) - 2024 Q4 - Annual Report
2025-02-27 21:06
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES For the transition period from _______ to _______ Commission file number: 001-13122 95-1142616 (I.R.S. Employer Identification No.) 16100 N. 71st Street, Suite 400 Scottsdale, Arizona 85254 (Addres ...
Reliance's Q4 Earnings Miss Estimates, Revenues Fall Y/Y
ZACKS· 2025-02-21 15:50
Reliance, Inc. (RS) posted profits of $105.3 million or $1.93 per share in the fourth quarter of 2024, down from $272.7 million or $4.70 per share in the year-ago quarter. Barring one-time items, RS recorded earnings of $2.22 per share, down from $4.73 a year ago. It lagged the Zacks Consensus Estimate of $2.74.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company recorded net sales of $3,126.6 million, down 6.3% year over year. The top line beat the Zacks Consensus Estimate of ...