Reliance Steel & Aluminum Co logo

Reliance Steel & Aluminum CoNYSE: RS

Profile

Industry:

Steel & Iron

Country:

United States

IPO:

16 September 1994

Next earnings report:

14 February 2025

Last dividends:

16 August 2024

Next dividends:

22 November 2024
$15.64 B
-19%vs. 3y high
89%vs. sector
-4%vs. 3y high
37%vs. sector
-15%vs. 3y high
65%vs. sector
-17%vs. 3y high
39%vs. sector

Price

pre-market | 42 min ago
$289.00+$1.91(+0.67%)
$3.42 B$3.09 B
$3.42 B$199.20 M

Analysts recommendations

Institutional Ownership

RS Latest News

Reliance Inc.'s Earnings Lag Estimates in Q3, Revenues Beat
zacks.com25 October 2024 Sentiment: POSITIVE

RS benefits from higher shipments amid headwinds from weaker metals pricing in the third quarter.

Reliance, Inc. (RS) Q3 2024 Earnings Call Transcript
seekingalpha.com24 October 2024 Sentiment: POSITIVE

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, Inc. Reports Third Quarter 2024 Financial Results
globenewswire.com24 October 2024 Sentiment: POSITIVE

— 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.

Analysts Estimate Reliance (RS) to Report a Decline in Earnings: What to Look Out for
zacks.com17 October 2024 Sentiment: NEGATIVE

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.

Reliance, Inc. Announces Appointment of James K. Kamsickas to Board of Directors and Douglas W.
globenewswire.com02 October 2024 Sentiment: POSITIVE

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.

Reliance Announces Amended and Restated $1.5B Credit Facility
zacks.com17 September 2024 Sentiment: POSITIVE

RS believes that this amended and restated credit agreement boosts its already strong liquidity position.

Reliance's (RS) Earnings Miss, Revenues Beat Estimates in Q2
zacks.com26 July 2024 Sentiment: POSITIVE

Reliance's (RS) second-quarter revenues beat estimates on increased volumes.

Reliance (RS) Q2 Earnings Miss Estimates
zacks.com25 July 2024 Sentiment: NEGATIVE

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.

Earnings Preview: Reliance (RS) Q2 Earnings Expected to Decline
zacks.com18 July 2024 Sentiment: NEGATIVE

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.

Reliance (RS) Buys FerrouSouth Assets, Ups Tolling Operations
zacks.com16 July 2024 Sentiment: POSITIVE

Reliance (RS) is acquiring FerrouSouth's assets to enhance its toll processing capabilities and expand Feralloy's operations in the Southeastern U.S.

What type of business is Reliance Steel & Aluminum Co?

Reliance Steel & Aluminum Co. is an industrial company that provides metal processing services. Reliance Steel's metal production and processing centers acquire carbon steel, aluminum, stainless steel, alloy steel, and other metal products from primary metal producers, and then process these materials according to customer requirements using methods such as cutting beams, bars, pipes, and tubes; bending, shaping, and forming; processing coils and flat rolls; cutting plates and sheets; machining and various other specialized services such as laser cutting, fabrication, mechanical and electro polishing, and others. Reliance Steel & Aluminum Co. was founded in 1939 and is headquartered in Los Angeles, California.

What sector is Reliance Steel & Aluminum Co in?

Reliance Steel & Aluminum Co is in the Basic Materials sector

What industry is Reliance Steel & Aluminum Co in?

Reliance Steel & Aluminum Co is in the Steel & Iron industry

What country is Reliance Steel & Aluminum Co from?

Reliance Steel & Aluminum Co is headquartered in United States

When did Reliance Steel & Aluminum Co go public?

Reliance Steel & Aluminum Co initial public offering (IPO) was on 16 September 1994

What is Reliance Steel & Aluminum Co website?

https://www.rsac.com

Is Reliance Steel & Aluminum Co in the S&P 500?

No, Reliance Steel & Aluminum Co is not included in the S&P 500 index

Is Reliance Steel & Aluminum Co in the NASDAQ 100?

No, Reliance Steel & Aluminum Co is not included in the NASDAQ 100 index

Is Reliance Steel & Aluminum Co in the Dow Jones?

No, Reliance Steel & Aluminum Co is not included in the Dow Jones index

When was Reliance Steel & Aluminum Co the previous earnings report?

No data

When does Reliance Steel & Aluminum Co earnings report?

The next expected earnings date for Reliance Steel & Aluminum Co is 14 February 2025