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Reliance Q1 2023 Earnings Report

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$269.02 +4.82 (+1.82%)
(As of 12/20/2024 05:31 PM ET)

Reliance EPS Results

Actual EPS
$6.37
Consensus EPS
$5.70
Beat/Miss
Beat by +$0.67
One Year Ago EPS
$8.42

Reliance Revenue Results

Actual Revenue
$3.97 billion
Expected Revenue
$3.92 billion
Beat/Miss
Beat by +$42.18 million
YoY Revenue Growth
-11.60%

Reliance Announcement Details

Quarter
Q1 2023
Time
Before Market Opens

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About Reliance

Reliance (NYSE:RS) operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products; and provides metals processing services to general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industries. It sells its products directly to original equipment manufacturers, which primarily include small machine shops and fabricators. The company was formerly known as Reliance Steel & Aluminum Co. and changed its name to Reliance, Inc. in February 2024. Reliance, Inc. was founded in 1939 and is based in Scottsdale, Arizona.

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