Reliance's Q4 Earnings Miss Estimates, Revenues Fall Y/Y

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 ...