| Reliance, Inc.: A Recovery In The Making |
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. |
seekingalpha.com |
2025-05-12 21:48:52 |
Czytaj oryginał (ang.) |
| Reliance Q1 Earnings and Revenues Beat Estimates, Down Y/Y |
RS benefits from higher shipments amid headwinds from weaker pricing in the first quarter. |
zacks.com |
2025-04-25 11:30:33 |
Czytaj oryginał (ang.) |
| Reliance, Inc. (RS) Q1 2025 Earnings Call Transcript |
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. |
seekingalpha.com |
2025-04-24 21:20:47 |
Czytaj oryginał (ang.) |
| Reliance (RS) Q1 Earnings and Revenues Surpass Estimates |
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. |
zacks.com |
2025-04-23 22:25:34 |
Czytaj oryginał (ang.) |
| Reliance, Inc. Reports First Quarter 2025 Financial Results |
-- 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 |
globenewswire.com |
2025-04-23 20:05:00 |
Czytaj oryginał (ang.) |
| Reliance (RS) Expected to Beat Earnings Estimates: Can the Stock Move Higher? |
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. |
zacks.com |
2025-04-16 15:07:03 |
Czytaj oryginał (ang.) |
| Reliance, Inc. to Announce First Quarter 2025 Results on Wednesday, April 23rd |
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. |
globenewswire.com |
2025-04-09 10:50:00 |
Czytaj oryginał (ang.) |
| Here's Why You Should Retain Reliance Stock in Your Portfolio |
While RS faces pricing and demand headwinds, it benefits from its resilient business model, strong execution and actions to drive growth through acquisitions. |
zacks.com |
2025-04-08 12:00:41 |
Czytaj oryginał (ang.) |
| Reliance's Shares Up 11% in 3 Months: What's Driving the Stock? |
RS benefits from healthy end-market demand, growth through strategic acquisitions and strong liquidity. |
zacks.com |
2025-03-27 10:40:30 |
Czytaj oryginał (ang.) |
| Why Is Reliance (RS) Down 7% Since Last Earnings Report? |
Reliance (RS) reported earnings 30 days ago. What's next for the stock? |
zacks.com |
2025-03-21 14:36:19 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2025-03-10 09:16:04 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2025-02-21 12:50:31 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2025-02-20 19:01:03 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2025-02-19 21:10:50 |
Czytaj oryginał (ang.) |
| Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results |
- Third highest annual cash flow from operations of $1.43 billion - Repurchased record $1.09 billion of common stock in 2024; outstanding shares down 6% - Annual net sales of $13.84 billion with tons sold up 4.0% (same-store tons sold up 1.0%) - Strong annual gross profit margin of 29.7% - Annual EPS of $15.56; non-GAAP EPS of $15.92 - Completed four acquisitions in 2024 - Increased quarterly dividend 9.1% to $1.20 per share (annual: $4.80) - Stronger than anticipated fourth quarter operating results excluding non-recurring and year-end LIFO adjustments SCOTTSDALE, Ariz., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE: RS) today reported its financial results for the fourth quarter and full year ended December 31, 2024. |
globenewswire.com |
2025-02-19 18:05:00 |
Czytaj oryginał (ang.) |
| Reliance, Inc. Announces Upcoming Conference Participation |
SCOTTSDALE, Ariz., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE: RS) announced today that its management team will participate in the following upcoming investor conferences: |
globenewswire.com |
2025-02-18 08:50:00 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2025-02-12 13:06:58 |
Czytaj oryginał (ang.) |
| Reliance, Inc. to Announce Fourth Quarter and Full Year 2024 Results on Wednesday, February 19th |
SCOTTSDALE, Ariz., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced today that it will report fourth quarter and full year 2024 financial results for the period ended December 31, 2024, on Wednesday, February 19, 2025, after the market closes. Reliance management will host a conference call on Thursday, February 20, 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 . |
globenewswire.com |
2025-02-05 08:50:00 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2025-01-23 18:01:30 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2025-01-06 10:26:17 |
Czytaj oryginał (ang.) |
| 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. |
https://thefly.com |
2024-12-02 07:37:03 |
Czytaj oryginał (ang.) |
| Reliance, Inc. Announces Participation at the Baird 2024 Global Industrial Conference |
SCOTTSDALE, Ariz., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE: RS) announced today that Karla Lewis, President and Chief Executive Officer, Arthur Ajemyan, Senior Vice President and Chief Financial Officer, and Stephen Koch, Executive Vice President and Chief Operating Officer, will participate in the Baird 2024 Global Industrial Conference on Wednesday, November 13, 2024 in Chicago, Illinois. Reliance is scheduled to present on Wednesday, November 13th at 4:40 p.m. CT. |
globenewswire.com |
2024-11-06 08:50:00 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2024-10-25 20:01:08 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2024-10-24 19:24:07 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2024-10-24 13:01:08 |
Czytaj oryginał (ang.) |
| Reliance, Inc. Reports Third Quarter 2024 Financial Results |
— Net sales of $3.42 billion with tons sold up 7.1% from Q3 2023 — Gross profit margin of 29.4% — EPS of $3.61, non-GAAP EPS of $3.64 — Cash flow from operations of $463.9 million — Share repurchases of $432.0 million reduced outstanding shares by 3%; replenished existing share repurchase program to $1.5 billion — Amended and restated $1.5 billion credit agreement for a new five-year term — Completed acquisition of FerrouSouth toll processing assets on August 16, 2024 SCOTTSDALE, Ariz., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE: RS) today reported its financial results for the third quarter ended September 30, 2024. |
globenewswire.com |
2024-10-24 10:50:00 |
Czytaj oryginał (ang.) |
| Analysts Estimate Reliance (RS) to Report a Decline in Earnings: What to Look Out for |
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. |
zacks.com |
2024-10-17 15:06:52 |
Czytaj oryginał (ang.) |
| Reliance, Inc. to Announce Third Quarter 2024 Results on Thursday, October 24th |
SCOTTSDALE, Ariz., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced today that it will report third quarter 2024 financial results for the period ended September 30, 2024, on Thursday, October 24, 2024, at 6:50 a.m. Eastern Time. Reliance management will host a conference call that same day 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. |
globenewswire.com |
2024-10-10 10:50:00 |
Czytaj oryginał (ang.) |
| Reliance, Inc. Announces Appointment of James K. Kamsickas to Board of Directors and Douglas W. |
SCOTTSDALE, Ariz., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE: RS) today announced the appointment of James K. Kamsickas, 57, to serve as an independent director. Mr. Kamsickas' term took effect on October 1, 2024 and will expire at the Company's 2025 Annual Meeting of Stockholders. Following the appointment of Mr. Kamsickas, Reliance's Board will be comprised of nine members, eight of whom are independent. |
globenewswire.com |
2024-10-02 10:50:00 |
Czytaj oryginał (ang.) |
| Reliance Announces Amended and Restated $1.5B Credit Facility |
RS believes that this amended and restated credit agreement boosts its already strong liquidity position. |
zacks.com |
2024-09-17 12:11:12 |
Czytaj oryginał (ang.) |
| Reliance, Inc. Announces Amended and Restated $1.5 Billion Credit Facility |
SCOTTSDALE, Ariz., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE: RS) announced today that effective September 10, 2024, it has entered into an amended and restated $1.5 billion five-year unsecured revolving credit facility (the “Facility”). The Company intends to use funds borrowed under the Facility from time to time for general corporate purposes, growth and stockholder return activities. |
globenewswire.com |
2024-09-16 10:50:00 |
Czytaj oryginał (ang.) |
| Reliance, Inc. to Ring the Closing Bell at the New York Stock Exchange to Commemorate its 30th Anniversary as a Public Company |
SCOTTSDALE, Ariz., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE: RS) announced that Karla Lewis, President and Chief Executive Officer, will ring the closing bell at the New York Stock Exchange (“NYSE”) on Thursday, September 19, 2024, to commemorate the Company's 30th anniversary as a listed company. Reliance corporate officers will also participate in the ceremony. Live coverage of the event will begin on Thursday, September 19, 2024, at 3:55 p.m. ET and will be available for streaming at https://www.NYSE.com/bell. |
globenewswire.com |
2024-09-12 10:50:00 |
Czytaj oryginał (ang.) |
| Reliance's (RS) Earnings Miss, Revenues Beat Estimates in Q2 |
Reliance's (RS) second-quarter revenues beat estimates on increased volumes. |
zacks.com |
2024-07-26 13:45:47 |
Czytaj oryginał (ang.) |
| Reliance, Inc. (RS) Q2 2024 Earnings Call Transcript |
Reliance, Inc. (NYSE:RS ) Q2 2024 Earnings Conference Call July 25, 2024 11:00 AM ET Company Participants Kim Orlando - ADDO Investor Relations Karla Lewis - President and Chief Executive Officer Steve 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 Philip Gibbs - KeyBanc Capital Markets Timna Tanners - Wolfe Research Katja Jancic - BMO Capital Markets Lawson Winder - Bank of America Securities Operator Greetings, and welcome to the Reliance, Inc. Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2024-07-25 21:14:09 |
Czytaj oryginał (ang.) |
| Reliance (RS) Q2 Earnings Miss Estimates |
Reliance (RS) came out with quarterly earnings of $4.65 per share, missing the Zacks Consensus Estimate of $4.73 per share. This compares to earnings of $6.49 per share a year ago. |
zacks.com |
2024-07-25 13:05:55 |
Czytaj oryginał (ang.) |
| Earnings Preview: Reliance (RS) Q2 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. |
zacks.com |
2024-07-18 15:10:06 |
Czytaj oryginał (ang.) |
| Reliance (RS) Buys FerrouSouth Assets, Ups Tolling Operations |
Reliance (RS) is acquiring FerrouSouth's assets to enhance its toll processing capabilities and expand Feralloy's operations in the Southeastern U.S. |
zacks.com |
2024-07-16 16:00:35 |
Czytaj oryginał (ang.) |
| Reliance, Inc. to Announce Second Quarter 2024 Results on Thursday, July 25th |
SCOTTSDALE, Ariz., July 11, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced today that it will report second quarter 2024 financial results for the period ended June 30, 2024, on Thursday, July 25, 2024, at 6:50 a.m. Eastern Time. Reliance management will host a conference call that same day 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. |
globenewswire.com |
2024-07-11 10:50:00 |
Czytaj oryginał (ang.) |
| Reasons to Retain Reliance (RS) Stock in Your Portfolio Now |
While Reliance (RS) faces headwinds from pricing pressure, it benefits from strong demand in its major markets and acquisitions. |
zacks.com |
2024-06-13 13:47:45 |
Czytaj oryginał (ang.) |