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Reliance Q1 2024 Earnings Report

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$286.85 +0.57 (+0.20%)
As of 03:06 PM Eastern
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Reliance EPS Results

Actual EPS
$5.30
Consensus EPS
$5.51
Beat/Miss
Missed by -$0.21
One Year Ago EPS
$6.37

Reliance Revenue Results

Actual Revenue
$3.64 billion
Expected Revenue
$3.76 billion
Beat/Miss
Missed by -$112.60 million
YoY Revenue Growth
-8.10%

Reliance Announcement Details

Quarter
Q1 2024
Time
Before Market Opens

Conference Call Resources

Conference Call Audio

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Reliance Earnings Headlines

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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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