RS Stock Recent News

SCOTTSDALE, Ariz., July 09, 2025 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced today that it will report second quarter 2025 financial results for the period ended June 30, 2025, on Wednesday, July 23, 2025, after the market closes. Reliance management will host a conference call on Thursday, July 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.

ARLINGTON, MA — The town entered into a contract with a new waste collection company earlier this week. In May, Town Manager Jim Feeney announced that the town had reached an agreement with Waste Management to be Arlington’s new waste hauler. New 65-gallon trash and recycling receptacles arrived at residents’ homes in June to allow for the new automatic pickup system, as opposed to a previous manual system. Feeney said WM was the most cost-efficient option for the town. “Over the life of this contract, Arlington is expected to save at least $10 million compared to the manual collection program we use today,” Feeney said. “It is also anticipated there will be cleaner streets because all carts will have lids.” The town is instructing residents to leave their bins three feet away from the curb and three feet from each other when being put out for pickup. However, some community members have said that the transition has not been the smoothest. Resident Alex Townsend said that

RS gains on strong shipments, margin growth and stable demand across key end markets like non-residential construction.

Reliance (RS) reported earnings 30 days ago. What's next for the stock?

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.

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

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.

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.

-- 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

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.