Why Is Reliance (RS) Down 7% Since Last Earnings Report?
Reliance (RS) reported earnings 30 days ago. What's next for the stock?
Here's Why You Should Hold Onto Reliance Stock For Now
RS gains on its resilient business model serving diverse end markets, strong execution and actions to drive growth through acquisitions.
Reliance's Q4 Earnings Miss Estimates, Revenues Fall Y/Y
RS benefits from higher shipments amid headwinds from weaker metals pricing in the quarter in Q4.
Reliance, Inc. (RS) Q4 2024 Earnings Call Transcript
Reliance, Inc. (NYSE:RS ) Q4 2024 Earnings Conference Call February 20, 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 Katja Jancic - BMO Capital Markets Phil Gibbs - KeyBanc Capital Markets Mike Harris - Goldman Sachs Alex Hacking - Citi Operator Greetings, and welcome to the Reliance Inc. Fourth Quarter and Full Year 2024 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
Reliance (RS) Q4 Earnings Miss Estimates
Reliance (RS) came out with quarterly earnings of $2.22 per share, missing the Zacks Consensus Estimate of $2.74 per share. This compares to earnings of $4.73 per share a year ago.
Earnings Preview: Reliance (RS) Q4 Earnings Expected to Decline
Reliance (RS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Reasons Why You Should Hold Reliance Stock in Your Portfolio
RS gains on its resilient business model serving diverse end markets, strong execution and actions to drive growth through acquisitions.
Here's Why You Should Retain Reliance Stock in Your Portfolio
While RS faces pricing and demand headwinds, it benefits from resilient business model and actions to drive growth through acquisitions.
Reliance initiated with a Neutral at Goldman Sachs
Goldman Sachs analyst Mike Harris initiated coverage of Reliance with a Neutral rating and $341 price target. The prevailing sentiment towards the U.S. steel industry seems pessimistic given concerns on global over supply and weak but improving pricing, the analyst tells investors in a research note. The firm is more positive given its belief that both cyclical and structural factors could drive earnings growth for the domestic steel industry despite a weaker global backdrop. Goldman believes the U.S. steel industry and the stocks are near or at the trough of the current cycle.
Reliance Inc.'s Earnings Lag Estimates in Q3, Revenues Beat
RS benefits from higher shipments amid headwinds from weaker metals pricing in the third quarter.
Reliance, Inc. (RS) Q3 2024 Earnings Call Transcript
Reliance, Inc. (NYSE:RS ) Q3 2024 Earnings Conference Call October 24, 2024 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 Katja Jancic - BMO Capital Markets Philip Gibbs - KeyBanc Capital Markets Operator Ladies and gentlemen, good morning, and welcome to the Reliance, Inc. Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Reliance (RS) Misses Q3 Earnings Estimates
Reliance (RS) came out with quarterly earnings of $3.64 per share, missing the Zacks Consensus Estimate of $3.69 per share. This compares to earnings of $5 per share a year ago.
