Reliance, Inc. demonstrated strong financial performance and market share gains amid a challenging and uncertain environment. While they achieved record tons sold and robust cash flow, concerns about gross profit margin pressure due to pricing challenges and trade uncertainties slightly dampened the outlook. Despite anticipating demand weakness in the next quarter, the company's long-term growth strategies and resilience position it well for future opportunities.

Company Guidance -

Q3 2025

During the Reliance, Inc. Second Quarter 2025 earnings call, the company provided guidance indicating a cautious outlook due to ongoing market uncertainties, particularly trade policy issues affecting demand and pricing. Despite these challenges, Reliance achieved a record increase in market share, with second quarter tons sold outperforming the industry by 7 percentage points. The company maintained a gross profit margin within its sustainable range of 29% to 31%, and reported non-GAAP earnings per share of $4.43, reflecting a 17% increase from the previous quarter. With a strong cash flow of $229 million, Reliance plans to invest in growth projects, maintaining a capital expenditure budget of $325 million for 2025. The company also returned $143 million to stockholders through dividends and share repurchases, reducing total shares outstanding by 2% year-to-date. For the third quarter, Reliance anticipates a 1% to 3% decrease in tons sold compared to the second quarter due to seasonal patterns, but an increase of 3% to 5% year-over-year, with average selling prices expected to remain stable. The company projects non-GAAP earnings per diluted share in the range of $3.60 to $3.80 for the third quarter.

Record Second Quarter Tons Sold

Reliance's second quarter tons sold significantly outperformed the industry average volume by 7 percentage points, attributing this to their unparalleled scale, access to domestic metal, and breadth of processing capabilities.

Strong Financial Performance

Sequential increases in non-GAAP pretax income exceeded 15%, and non-GAAP earnings per share rose by more than 17% to $4.43 compared to the prior quarter.

Robust Cash Flow and Capital Allocation

Reliance generated $229 million of cash flow from operations in the second quarter, supporting investments in growth projects. They returned $143 million to stockholders in dividends and share repurchases.

Market Share Gains

Reliance's shipments increased 4% year-over-year, outperforming the service center industry's decline of 3.1%, indicating strong market share gains through their smart profitable growth strategy.

Increased Demand in Key Markets

Nonresidential construction and general manufacturing represented roughly two-thirds of Q2 sales, with notable demand and sales increases in these segments.

Reliance Steel (RS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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RS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	3.94 / -	3.64	―	―	―
Jul 23, 2025	2025 (Q2)	4.68 / 4.43	4.65	-4.73% (-0.22)	―
Apr 23, 2025	2025 (Q1)	3.64 / 3.77	5.3	-28.87% (-1.53)	―
Feb 19, 2025	2024 (Q4)	2.74 / 2.22	4.73	-53.07% (-2.51)	―
Oct 24, 2024	2024 (Q3)	3.66 / 3.64	5	-27.20% (-1.36)	―
Jul 25, 2024	2024 (Q2)	4.73 / 4.65	6.49	-28.35% (-1.84)	―
Apr 25, 2024	2024 (Q1)	5.53 / 5.30	6.37	-16.80% (-1.07)	―
Feb 15, 2024	2023 (Q4)	3.92 / 4.73	5.87	-19.42% (-1.14)	―
Oct 26, 2023	2023 (Q3)	5.00 / 5.00	6.48	-22.84% (-1.48)	―
Jul 27, 2023	2023 (Q2)	6.55 / 6.49	9.15	-29.07% (-2.66)	―

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

RS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 23, 2025	$343.66	$301.33	-12.32%
Apr 23, 2025	$281.96	$284.00	+0.72%
Feb 19, 2025	$291.19	$300.16	+3.08%
Oct 24, 2024	$279.32	$290.36	+3.95%

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.

FAQ

When does Reliance Steel & Aluminum Company (RS) report earnings?

Reliance Steel & Aluminum Company (RS) is schdueled to report earning on Oct 23, 2025, Before Open (Confirmed).

What is Reliance Steel & Aluminum Company (RS) earnings time?

Reliance Steel & Aluminum Company (RS) earnings time is at Oct 23, 2025, Before Open (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 (Q3) is 3.94.

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