News
RS
290.62
-0.52%
-1.51
Forecasting The Future: 4 Analyst Projections For Reliance
4 analysts have released ratings for Reliance (NYSE:RS) in the last three months. The 12-month price targets for the company are $360.5. The company has an average price target of $380.00. Reliance has a negative revenue trend and a lower growth rate than its peers. The metal company has a positive return on equity.
Benzinga · 7h ago
Reliance Is Maintained at Outperform by BMO Capital
Dow Jones · 10h ago
BMO Capital Maintains Outperform on Reliance, Lowers Price Target to $345
Benzinga · 10h ago
Reliance, Newmont Report Q1 Financial Results; BHP Proposes Acquisition Of Anglo American And More: Thursday's Top Mining Stories
Reliance (NYSE:RS) reported Q1 results with net sales of $3.64 billion and a 10.3% increase in tons sold. Newmont reported strong Q1 2024 results, producing 2.2 million gold equivalent ounces and generating $1.4 billion in operational cash.
Benzinga · 15h ago
Analysts Offer Insights on Materials Companies: Methanex (MEOH), Newmont Mining (NEM) and Reliance Steel (RS)
TipRanks · 17h ago
RELIANCE INC <RS.N>: BMO CUTS TARGET PRICE TO $345 FROM $355
Reuters · 17h ago
RS, RYAM and NMG are among materials movers
On the Move RS, RYAM and NMG are among materials movers. Newmont and Teck Resources gain. Global Gas and Reliance are among the losers. NewMarket and NewMarket are the biggest losers in the materials sector. NMG, HGAS, NEM and RYam are also on the move.
Seeking Alpha · 1d ago
Why Caterpillar Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Shares of Caterpillar Inc. Fell 6.6% to $339.37 on Thursday. Caterpillar reported better-than-expected first-quarter EPS but missed revenue estimates. Barfresh Food Group, Inc. Shares surged 87.2% after the company reported better than expected results. Chicken Soup for the Entertainment for the Soul Entertainment dropped 75%.
Benzinga · 1d ago
Reliance Down Over 6%, on Pace for Largest Percent Decrease Since June 2022 -- Data Talk
Reliance, Inc. (RS) is currently at $292.71, down $20.85 or 6.65% -- Would be lowest close since Feb. 13, 2024. Currently down 13 of the past 14 days. Down 13.92% from its all-time closing high of $340.04.
Dow Jones · 1d ago
Analysts Conflicted on These Materials Names: Reliance Steel (RS) and Bunge (BG)
TipRanks · 1d ago
Analysts Offer Insights on Materials Companies: Reliance Steel (RS) and Bunge (BG)
TipRanks · 1d ago
Reliance Shares Drop 10% After 2Q Outlook Disappoints
Shares of Reliance are down 10% to $281.99. The company guided for lower-than-expected adjusted earnings per share in the second quarter. The metal solutions provider said it expects a drop in profit and sales in the first quarter. Reliance's outlook comes amid a challenging pricing environment.
Dow Jones · 1d ago
Notable Two Hundred Day Moving Average Cross - RS
NASDAQ · 1d ago
RS Stock Earnings: Reliance Steel & Aluminum Misses EPS, Misses Revenue for Q1 2024
Reliance Steel & Aluminum reported earnings per share of $5.30 for the first quarter of 2024. The company reported revenue of $3.65 billion. This was 3.06% below the analyst estimate for revenue. Reliance Steel and Aluminum also reported results for the fourth quarter of 2015.
Investorplace · 1d ago
Reliance Steel & Aluminum declares $1.10 dividend
Seeking Alpha · 1d ago
Reliance (RS) Q1 Earnings and Revenues Lag Estimates
NASDAQ · 1d ago
Reliance, Inc. Q1 Profit Decreases, misses estimates
NASDAQ · 1d ago
Reliance Expects Q2 Adj EPS of $4.70-$4.90 Vs $5.35 Est
Reliance expects a better than normal seasonal recovery in demand in the second quarter of 2024. The Company estimates its tons sold will be up 2.5% to 4.5%. The average selling price per ton sold is expected to be down 1% to 3%. The Company also anticipates short term gross profit margin pressure.
Benzinga · 1d ago
Reliance Steel & Aluminum Non-GAAP EPS of $5.30, revenue of $3.64B
Reliance Steel & Aluminum reports Q1 non-GAAP EPS of $5.30, revenue of $3.64B (-8.3% Y/Y). Gross profit margin of 31.0% in the first quarter. The company is expected to report Q2 results on April 25.
Seeking Alpha · 1d ago
Reliance Steel & Aluminum Q1 2024 Adj EPS $5.30 Misses $5.55 Estimate, Sales $3.645B Miss $3.757B Estimate
Reliance Steel & Aluminum reported quarterly earnings of $5.30 per share. The company reported quarterly sales of $3.645 billion which missed the analyst consensus estimate of $4.7 billion. Reliance Steel and Aluminum also reported a 12.05 percent increase over the same period last year.
Benzinga · 1d ago
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About RS
Reliance, Inc. is a diversified metal solutions provider and has a metals service center company in North America. The Company provides value-added metals processing services and distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, specialty carbon and alloy steel plate and round bar and specialty steel products. It serves various industries, such as general manufacturing, non-residential construction (including infrastructure), transportation (rail, truck trailer and shipbuilding), aerospace (commercial, military, defense, and space, and heavy industry, energy (oil and natural gas). It also services the auto industry, primarily through its toll processing operation. It has a network of approximately 315 locations in 40 states and in 12 foreign countries, including Belgium, Canada, China, France, India, Malaysia, Mexico, Singapore, South Korea, Turkey, the United Arab Emirates and the United Kingdom.