Reliance Steel & Aluminum

Reliance Steel & Aluminum Co. engages in the provision of metals processing services and distribution of metal products. It offers alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and specialty steel products. The company was founded by Thomas J. Neilan on February 3, 1939, and is headquartered in Scottsdale, AZ.

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Earnings data Q4 2024

Reliance Steel & Aluminum reports record 2022 performance and growth outlook

Reliance Steel & Aluminum delivered a strong financial performance in 2022, with record sales and earnings. Despite challenges in sales volume and pricing, the company remains focused on growth initiatives and enhancing shareholder value.
The company's strengths in efficient capital allocation, value-added processing capabilities, and proactive shareholder returns position it well for future growth. While facing challenges in market dynamics and operational efficiency, Reliance is poised to leverage opportunities in growth areas and strategic partnerships.
By maintaining a balanced approach to capital allocation, focusing on operational excellence, and adapting to market changes, Reliance Steel & Aluminum aims to sustain its performance and capitalize on emerging opportunities. The company's commitment to innovation, collaboration, and shareholder value creation underpins its strategic direction.

Reliance Steel & Aluminum posts strong Q1 results, eyes acquisitions

Reliance Steel & Aluminum's Q1 performance reflects growth in sales and income, supported by a strategic capital allocation plan. Despite challenges in pricing and expenses, the company remains optimistic about future opportunities, including acquisitions and LIFO income expectations.

Reliance Steel & Aluminum reports stable Q2 performance and growth outlook

Reliance Steel & Aluminum navigated a slightly lower sales quarter with strong profitability and cash flow, returning value to shareholders. The company's strategic focus on acquisitions, capital expenditures, and addressing operational challenges positions it well to capitalize on growth opportunities in the market.

Reliance Steel & Aluminum shows resilience in Q3 earnings call

Reliance Steel & Aluminum delivered solid financial results and demonstrated resilience in Q3 2023.
Despite challenges in net sales and pricing, the company remains focused on growth and value creation.
With a strong capital expenditure budget and a robust acquisition pipeline, Reliance is poised for future growth.

Reliance reports record earnings, poised for growth amid market optimism

Reliance Steel & Aluminum (RS), now Reliance, Inc., delivered a strong performance in Q4 2023, with record earnings and strategic investments for future growth.
The company's financial stability, focus on value-added capabilities, and optimistic outlook for Q1 2024 position it well in a competitive market landscape.
While challenges exist in market dynamics and integration of acquisitions, Reliance's strengths and opportunities signal a promising trajectory for continued success.

Reliance Steel & Aluminum reports robust Q1 performance and optimistic outlook

Reliance Steel & Aluminum's Q1 2024 earnings call highlighted strong performance, solid financial results, and strategic initiatives driving growth. Despite challenges such as margin pressures and pricing fluctuations, the company remains optimistic about future opportunities and expects improved demand in Q2 2024.

Reliance Steel & Aluminum reports solid Q2 performance amidst pricing challenges

Reliance Steel & Aluminum navigated market challenges with a focus on acquisitions and shareholder value.
Despite pricing pressures, the company maintained financial stability and reported strong earnings per share.
Proactive engagement in industry events and strategic initiatives position the company for growth and resilience.

Reliance Steel & Aluminum maintains profitability amidst market challenges in Q3

Reliance Steel & Aluminum demonstrated resilience and strategic focus in Q3 2024, maintaining profitability amid market challenges.
Strong financial performance, strategic investments, and governance enhancements position the company for sustainable growth.
While facing pricing pressures and market uncertainties, Reliance remains confident in its ability to navigate challenges and drive value.

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Reliance, Inc. engages in the provision of a metal distribution center. It offers alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products. The company was founded by Thomas J. Neilan on February 3, 1939, and is headquartered in Scottsdale, AZ.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Reliance Steel & Aluminum Co. (RS) Right Now?

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Despite a soft demand environment, industrial stocks like Applied Industrial (AIT), O-I Glass (OI), Reliance Steel (RS) and Deere (DE) are likely to gain from easing supply chain disruptions in 2023.

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Reliance Steel (RS) gains on strong underlying demand in its major markets, strong execution and acquisitions.

Reliance Steel (RS) Up 23% YTD: What's Driving the Stock?

Reliance Steel (RS) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Why Reliance Steel (RS) Is a Great Growth Stock

Reliance Steel (RS) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Reliance Steel (RS) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

SCOTTSDALE, Ariz., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) announced today that it has issued a notice of redemption (the “Redemption Date”) to redeem all of its outstanding 4.500% Senior Notes due April 15, 2023 (the “Senior Notes”) on January 15, 2023. The aggregate principal amount outstanding is $500,000,000.

Reliance Steel & Aluminum Co. Announces Redemption of Its 4.500% Senior Notes Due 2023

Reliance Steel (RS) benefits from healthy demand in many of its end markets, strong operational execution and acquisitions.

Reliance Steel's (RS) Shares Rise 14% in 6 Months: Here's Why

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

What Makes Reliance Steel (RS) a Strong Momentum Stock: Buy Now?

3 Reasons Why Growth Investors Shouldn't Overlook Reliance Steel (RS)

Reliance Steel (RS) benefits from healthy demand in major end-use markets and strategic acquisitions.

Why You Should Add Reliance Steel (RS) Stock to Your Portfolio

Is Reliance Steel & Aluminum Co. (RS) Stock Undervalued Right Now?

Reliance Steel & Aluminum is very cheaply valued on practically all metrics. I discuss that RS is a high return of capital company. Plus, whether RS is more of a growth company than many "asset-light" tech companies.

Reliance Steel & Aluminum: Steel, A Growth Opportunity? Yes

Forecast-topping earnings performance in the third quarter of 2022 and upbeat prospects have contributed to the gain in Reliance Steel's (RS) shares.

Reliance Steel (RS) Up 12% in 3 Months: What's Driving It?

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Reliance Steel (RS) gains on healthy demand in many of its end markets and strong operational execution in Q3.

Reliance Steel (RS) Tops Earnings and Sales Estimates in Q3

Is Reliance Steel (RS) a Solid Growth Stock? 3 Reasons to Think "Yes"

Reliance Steel & Aluminum Co. (NYSE:RS ) Q3 2022 Earnings Conference Call October 27, 2022 11:00 AM ET Company Participants Kimberly Orlando - ADDO Investor Relations Jim Hoffman - Chief Executive Officer Karla Lewis - President & Director Arthur Ajemyan - Senior Vice President & Chief Financial Officer Conference Call Participants Phil Gibbs - KeyBanc Capital Markets Martin Englert - Seaport Research Katja Jancic - BMO Capital Markets Operator Greetings and welcome to the Reliance Steel & Aluminum Company Third Quarter 2022 Earnings Conference Call. [Operator Instructions] It is now my pleasure to introduce your host, Ms.

Reliance Steel & Aluminum Co. (RS) Q3 2022 Earnings Call Transcript

Reliance Steel (RS) delivered earnings and revenue surprises of 4.52% and 2.01%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Reliance Steel (RS) Q3 Earnings and Revenues Surpass Estimates

- Quarterly net sales of $4.25 billion increased 10.4% year-over-year

Reliance Steel & Aluminum Co. Reports Third Quarter 2022 Financial Results

Here is how Reliance Steel (RS) and Twin Disc (TWIN) have performed compared to their sector so far this year.

Is Reliance Steel & Aluminum Co. (RS) Outperforming Other Industrial Products Stocks This Year?

Reliance Steel (RS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Reliance Steel (RS) Reports Next Week: Wall Street Expects Earnings Growth

SCOTTSDALE, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will report third quarter 2022 financial results for the period ended September 30, 2022, on Thursday, October 27, 2022, 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 investor.rsac.com.

Reliance Steel & Aluminum Co. to Announce Third Quarter 2022 Results on Thursday, October 27th

Reliance Steel (RS) is an Incredible Growth Stock: 3 Reasons Why

Strong financial performance through downturns indicates RS will hold up as steel and other metal prices relax. RS has a growing dividend, share repurchases, high return on capital, and low cost of capital.

Reliance Steel: Under Covered And Undervalued

Reliance Steel & Aluminum Co. RS, +2.59% on Tuesday names Karla R. Lewis as CEO after James D.

News for Reliance Steel & Aluminum Stock (RS)