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Reliance Steel & Aluminum Company (RS)
NYSE:RS
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
4.64Last Year’s EPS
4.65Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: 1.81%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed sentiment with notable achievements in shipment records and financial performance bolstered by strategic acquisitions. However, challenges such as the decline in selling prices and increased costs due to LIFO expenses, as well as macroeconomic uncertainties, were evident.Company Guidance
During the first quarter of 2025, Reliance Steel & Aluminum Co. reported record tons sold, increasing by 12.8% compared to Q4 2024, surpassing their forecasted growth range of 6% to 8%. This achievement was attributed to both market share gains and contributions from 2024 acquisitions. The company recorded a gross profit margin increase of 140 basis points quarter-over-quarter, reaching 30.4% on a non-GAAP FIFO basis. Despite a decline of 1.2% in average selling price per ton sold compared to Q4 2024, the company achieved a non-GAAP earnings per share of $3.77, exceeding expectations. The capital expenditure budget for 2025 was maintained at $325 million, with a total expected cash outlay of $375 to $400 million, including carryover projects. Reliance also executed stockholder return activities totaling $318 million. For Q2 2025, the company anticipates stable demand, with tons sold expected to range from down 1% to up 1% compared to Q1, and an average selling price per ton increase of 1% to 3%. They project non-GAAP earnings per diluted share between $4.50 and $4.70, inclusive of $25 million in LIFO expense.Record Tons Sold
Reliance Steel & Aluminum Co. shipped record tons with a 12.8% increase compared to the fourth quarter of 2024, significantly outperforming the service center industry's year-over-year decline of 0.5%.
Strong Gross Profit Margin Improvement
Gross profit margin improved sequentially from 28.8% in the fourth quarter of 2024 to 30.4% in the first quarter of 2025.
Financial Strength and Stockholder Returns
The company funded stockholder return activities of $318 million, including dividends and share repurchases, and increased the quarterly dividend by 9.1%.
Successful Acquisitions
Four acquisitions completed in 2024 positively contributed to the first quarter results, with ongoing financial strength to pursue additional strategic acquisitions.
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RS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 23, 2025 | $283.11 | $285.16 | +0.72% |
| Feb 19, 2025 | $292.38 | $301.38 | +3.08% |
| Oct 24, 2024 | $280.45 | $291.54 | +3.95% |
| Jul 25, 2024 | $290.43 | $304.59 | +4.88% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Reliance Steel & Aluminum Company (RS) report earnings?
Reliance Steel & Aluminum Company (RS) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Reliance Steel & Aluminum Company (RS) earnings time?
Reliance Steel & Aluminum Company (RS) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RS EPS forecast?
RS EPS forecast for the fiscal quarter 2025 (Q2) is 4.64.
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