RS misses Q2 earnings estimates despite higher revenues, with pressure from lower selling prices.
Reliance (RS) came out with quarterly earnings of $4.43 per share, missing the Zacks Consensus Estimate of $4.72 per share. This compares to earnings of $4.65 per share a year ago.
Reliance (RS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
RS gains on strong shipments, margin growth and stable demand across key end markets like non-residential construction.
Reliance (RS) reported earnings 30 days ago. What's next for the stock?
Reliance, Inc. has shown resilience with a strong start to 2025 after a two-year correction from 2022 peaks. The company boasts a strong moat with diversified operations, a solid balance sheet, and a history of consistent profitability and shareholder returns. Despite a normalization of margins in 2023 and 2024, the outlook for 2025 is positive, with expected earnings between $15-$20 per RS share and potential for more M&A activity.
RS benefits from higher shipments amid headwinds from weaker pricing in the first quarter.
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 Tumazos - John Tumazos Very Independent Operator Greetings, and welcome to the Reliance, Inc., First Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode.
Reliance (RS) came out with quarterly earnings of $3.77 per share, beating the Zacks Consensus Estimate of $3.66 per share. This compares to earnings of $5.30 per share a year ago.
Reliance (RS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
While RS faces pricing and demand headwinds, it benefits from its resilient business model, strong execution and actions to drive growth through acquisitions.
RS benefits from healthy end-market demand, growth through strategic acquisitions and strong liquidity.