RS Stock Recent News

Reliance (RS) came out with quarterly earnings of $5.30 per share, missing the Zacks Consensus Estimate of $5.51 per share. This compares to earnings of $6.37 per share a year ago.

SCOTTSDALE, Ariz., April 11, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced today that it will report first quarter 2024 financial results for the period ended March 31, 2024, on Thursday, April 25, 2024, at 6:50 a.m. Eastern Time. Reliance management will host a conference call that same day 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.

Reliance (RS) benefits from strong demand in key markets including non-residential construction and its growth actions.

Reliance (RS) successfully acquires MidWest Materials, enhancing its Ohio market presence and strategic growth plans.

Reliance (RS) is expected to continue to gain from strong demand in key markets and its growth actions in the near term.

While Reliance (RS) faces headwinds from pricing pressure, it benefits from strong demand in its major markets and acquisitions.

Forecast-topping earnings performance in the fourth quarter and upbeat prospects have contributed to the gain in Reliance's (RS) shares.

Does Reliance Steel (RS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Reliance Steel shares reach all-time highs despite lower sales and earnings in 2023, after peak performance in 2022. The company's niche operations and strong track record make it an attractive long-term business model and investment. Reliance Steel rebrands and makes two recent acquisitions, signaling more momentum in the works.

Reliance's (RS) earnings and revenues beat estimates in the fourth quarter on the back of strong end-market demand.