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Reliance (RS) Reports Q2 Earnings: What Key Metrics Have to Say
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For the quarter ended June 2026, Reliance (RS - Free Report) reported revenue of $4.63 billion, up 26.5% over the same period last year. EPS came in at $6.27, compared to $4.43 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $4.17 billion, representing a surprise of +10.93%. The company delivered an EPS surprise of +16.54%, with the consensus EPS estimate being $5.38.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Reliance performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Average selling price per ton sold: $2,602.00 compared to the $2,485.48 average estimate based on three analysts.
Shipments (Tons sold): 1.79 million versus 1.7 million estimated by three analysts on average.
Tons Sold - Aluminium: 86 thousand versus the two-analyst average estimate of 86.52 thousand.
Tons Sold - Stainless steel: 81.3 thousand versus the two-analyst average estimate of 78.59 thousand.
Tons Sold - Alloy: 36.6 thousand versus 32.76 thousand estimated by two analysts on average.
Tons Sold - Carbon steel: 1.48 million compared to the 1.4 million average estimate based on two analysts.
Net Sales- Carbon Steel: $2.62 billion compared to the $2.34 billion average estimate based on two analysts. The reported number represents a change of +28.2% year over year.
Net Sales- Alloy: $186.2 million versus the two-analyst average estimate of $178.67 million. The reported number represents a year-over-year change of +11.2%.
Net Sales- Stainless Steel: $595.2 million compared to the $529.29 million average estimate based on two analysts. The reported number represents a change of +21.7% year over year.
Net Sales- Aluminium: $837.9 million versus $747.21 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +35.2% change.
Shares of Reliance have returned -3.8% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Reliance (RS) Reports Q2 Earnings: What Key Metrics Have to Say
For the quarter ended June 2026, Reliance (RS - Free Report) reported revenue of $4.63 billion, up 26.5% over the same period last year. EPS came in at $6.27, compared to $4.43 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $4.17 billion, representing a surprise of +10.93%. The company delivered an EPS surprise of +16.54%, with the consensus EPS estimate being $5.38.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Reliance performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Reliance here>>>
Shares of Reliance have returned -3.8% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.