Reliance's Q2 2025 earnings call highlighted strong financial performance, market share gains, and resilience in nonresidential construction. However, challenges such as pressure on gross profit margins, issues in the semiconductor industry, and significant increases in aluminum pricing present concerns. The anticipation of seasonal weakness in Q3 also adds caution to the outlook.

Company Guidance

During the Reliance, Inc. Second Quarter 2025 Earnings Call, the company provided a robust set of metrics reflecting its strong financial performance and strategic guidance. Reliance reported a record second quarter tons sold, outperforming the industry average by 7 percentage points. The company maintained a gross profit margin between 29% to 31%, aligning with its smart profitable growth initiative. Non-GAAP pretax income increased by over 15% sequentially, with non-GAAP earnings per share reaching $4.43, a 17% increase from the previous quarter. The company's cash flow from operations was $229 million, supporting a 2025 capital expenditure budget of $325 million, over half of which is earmarked for growth projects. Reliance also returned $143 million to stockholders through dividends and share repurchases and reduced shares outstanding by 2% year-to-date. Looking ahead to Q3, the company expects tons sold to decrease by 1% to 3% sequentially, with a 3% to 5% increase year-over-year, while average selling price per ton sold is expected to remain stable.

Record Second Quarter Tons Sold

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

Strong Financial Performance

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

Cash Flow and Capital Allocation

Generated $229 million of cash flow from operations, supporting investments in advanced processing equipment, organic growth, and accretive acquisitions.

Market Share Gains

Reliance's shipments increased 4% year-over-year, significantly outperforming the service center industry's decline of 3.1%, attributed to their smart profitable growth strategy.

Nonresidential Construction Strength

Improved demand in nonresidential construction, particularly in data centers and publicly funded infrastructure projects like schools, hospitals, and airports.

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)	3.77 / -	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	$342.24	$300.08	-12.32%
Apr 23, 2025	$280.80	$282.83	+0.72%
Feb 19, 2025	$289.99	$298.91	+3.08%
Oct 24, 2024	$278.16	$289.16	+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 3.77.

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