Reliance (RS) Earnings Date, Estimates & Call Transcripts

$290.42
-1.71 (-0.59%)
(As of 04/26/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Jul. 25Estimated
Actual EPS
(Apr. 25)
$5.30 Missed By -$0.21
Consensus EPS
(Apr. 25)
$5.51
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RS Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

RS Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Reliance Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$5.46$5.47$5.475.300 - 5.500
Q2 20242$4.55$4.71$4.634.700 - 4.900
Q3 20242$4.50$4.56$4.53 
Q4 20242$3.74$3.86$3.80 
FY 20248$18.25$18.60$18.43 
Q1 20252$2.90$4.53$3.72 
Q2 20252$4.14$4.45$4.30 
Q3 20252$3.89$4.70$4.30 
Q4 20252$3.19$3.89$3.54 
FY 20258$14.12$17.57$15.85 
Q1 20261$4.64$4.64$4.64 

RS Earnings Date and Information

Reliance last announced its quarterly earnings results on April 25th, 2024. The industrial products company reported $5.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.51 by $0.21. The company earned $3.64 billion during the quarter, compared to analyst estimates of $3.76 billion. Its revenue was down 8.1% compared to the same quarter last year. Reliance has generated $21.41 earnings per share over the last year ($21.41 diluted earnings per share) and currently has a price-to-earnings ratio of 13.6. Earnings for Reliance are expected to decrease by -7.74% in the coming year, from $19.51 to $18.00 per share. Reliance has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 25th, 2024 based off prior year's report dates.

Reliance Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/25/2024
Estimated)
------- 
4/25/2024Q1 2024$5.51$5.30($0.21)$5.37$3.76 billion$3.64 billion    
2/15/2024Q4 2023$3.92$4.73+$0.81$4.76$3.31 billion$3.34 billion    
10/26/2023Q3 2023$5.00$5.00-$5.01$3.61 billion$3.62 billion    
7/27/2023Q2 2023$6.52$6.49($0.03)$6.49$3.98 billion$3.88 billion    
4/27/2023Q1 2023$5.70$6.37+$0.67$6.31$3.92 billion$3.97 billion    
2/16/2023Q4 2022$4.47$5.87+$1.40$5.86$3.64 billion$3.61 billion    
10/27/2022Q3 2022$6.20$6.48+$0.28$6.51$4.14 billion$4.25 billion    
7/28/2022Q2 2022$9.06$9.15+$0.09$9.15$4.61 billion$4.68 billion    
4/28/2022Q1 2022$7.20$8.42+$1.22$8.51$4.03 billion$4.49 billion    
2/17/2022Q4 2021$5.17$6.83+$1.66$7.02$3.83 billion$3.99 billion    
10/27/2021Q3 2021$5.95$6.15+$0.20$6.15$3.75 billion$3.85 billion    
7/21/2021Q2 2021$4.89$5.06+$0.17$5.04$3.19 billion$3.42 billion    

Reliance Earnings - Frequently Asked Questions

When is Reliance's earnings date?

Reliance has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 25th, 2024 based off last year's report dates. Learn more on RS's earnings history.

Did Reliance beat their earnings estimates last quarter?

In the previous quarter, Reliance (NYSE:RS) missed the analysts' consensus estimate of $5.51 by $0.21 with a reported earnings per share (EPS) of $5.30. Learn more on analysts' earnings estimate vs. RS's actual earnings.

How can I listen to Reliance's earnings conference call?

The conference call for Reliance's latest earnings report can be listened to online. Listen to Conference Call

How can I read Reliance's conference call transcript?

The conference call transcript for Reliance's latest earnings report can be read online. Read Transcript

How much revenue does Reliance generate each year?

Reliance (NYSE:RS) has a recorded annual revenue of $14.81 billion.

How much profit does Reliance generate each year?

Reliance (NYSE:RS) has a recorded net income of $1.34 billion. RS has generated $21.41 earnings per share over the last four quarters.

What is Reliance's price-to-earnings ratio?

Reliance (NYSE:RS) has a trailing price-to-earnings ratio of 13.56 and a forward price-to-earnings ratio of 14.89. The price/earnings-to-growth ratio is 5.15.

What is Reliance's EPS forecast for next year?

Reliance's earnings are expected to decrease from $19.51 per share to $18.00 per share in the next year, which is a -7.74% change.


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This page (NYSE:RS) was last updated on 4/27/2024 by MarketBeat.com Staff

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