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Reliance (RS) Earnings Date, Estimates & Call Transcripts

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

Reliance Latest Earnings Summary

Actual EPS
(Oct. 24)
$3.64 Missed By -$0.02
Consensus EPS
(Oct. 24)
$3.66

Reliance posted Q3 2024 earnings on October 24, 2024, reporting an EPS of $3.64, which missed analysts' consensus estimates of $3.66 by $0.02. Quarterly revenue fell 5.6% year-over-year to $3.42 billion, above analysts' expectations of $3.38 billion. With a trailing EPS of $18.21 and a P/E Ratio of 14.77, Reliance's earnings are expected to decrease -0.30% next year, from $16.42 to $16.37 per share.

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RS Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

RS Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Reliance Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$5.46$5.47$5.475.300 - 5.500
Q2 20242$4.73$4.75$4.744.700 - 4.900
Q3 20242$4.51$4.56$4.543.600 - 3.800
Q4 20242$3.66$3.74$3.702.650 - 2.850
FY 20248$18.36$18.52$18.44 
Q1 20252$3.27$4.01$3.64 
Q2 20252$4.14$4.37$4.26 
Q3 20252$3.77$4.67$4.22 
Q4 20252$3.24$4.03$3.64 
FY 20258$14.42$17.08$15.75 
Q1 20261$5.11$5.11$5.11 
Q2 20261$4.47$4.47$4.47 

Reliance Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
10/24/2024Q3 2024$3.66$3.64 -$0.02$3.67$3.38B$3.42B
7/25/2024Q2 2024$4.73$4.65 -$0.08$4.63$3.64B$3.64B
4/25/2024Q1 2024$5.51$5.30 -$0.21$5.37$3.76B$3.64B
2/15/2024Q4 2023$3.92$4.73+$0.81$4.76$3.31B$3.34B
10/26/2023Q3 2023$5.00$5.00-$5.01$3.61B$3.62B
7/27/2023Q2 2023$6.52$6.49 -$0.03$6.49$3.98B$3.88B
4/27/2023Q1 2023$5.70$6.37+$0.67$6.31$3.92B$3.97B
2/16/2023Q4 2022$4.47$5.87+$1.40$5.86$3.64B$3.61B

Reliance Earnings - Frequently Asked Questions

Reliance (NYSE:RS) last announced its quarterly earning data on Thursday, October 24, 2024. Learn more on RS's earnings history.

Reliance issued an update on its fourth quarter earnings guidance on Thursday, October, 24th. The company provided earnings per share guidance of $2.65 to $2.85 for the period, compared to the consensus estimate of $3.40.

In the previous quarter, Reliance (NYSE:RS) missed the analysts' consensus estimate of $3.66 by $0.02 with a reported earnings per share (EPS) of $3.64. Learn more on analysts' earnings estimate vs. RS's actual earnings.

The conference call for Reliance's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Reliance's latest earnings report can be read online.
Read Transcript

Reliance (NYSE:RS) has a recorded annual revenue of $14.05 billion.

Reliance (NYSE:RS) has a recorded net income of $1.34 billion. RS has generated $18.21 earnings per share over the last four quarters.

Reliance (NYSE:RS) has a trailing price-to-earnings ratio of 14.77 and a forward price-to-earnings ratio of 16.38.

Reliance's earnings are expected to decrease from $16.42 per share to $16.37 per share in the next year, which is a -0.30% change.

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This page (NYSE:RS) was last updated on 12/21/2024 by MarketBeat.com Staff
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