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Here's What Key Metrics Tell Us About Reliance (RS) Q3 Earnings
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For the quarter ended September 2026, Reliance (RS - Free Report) reported revenue of $5.21 billion, up 42.8% over the same period last year. EPS came in at $8.02, compared to $3.64 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $4.68 billion, representing a surprise of +11.4%. The company delivered an EPS surprise of +18.64%, with the consensus EPS estimate being $6.76.
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.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
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: $2,815.00 versus the two-analyst average estimate of $2,647.05.
Shipments (Tons sold): 1.87 million versus 1.79 million estimated by two analysts on average.
Tons Sold - Alloy: 30.2 thousand versus the two-analyst average estimate of 31.26 thousand.
Tons Sold - Stainless steel: 81.6 thousand versus 78.86 thousand estimated by two analysts on average.
Tons Sold - Aluminium: 85.5 thousand versus 83.24 thousand estimated by two analysts on average.
Tons Sold - Carbon steel: 1.57 million versus 1.49 million estimated by two analysts on average.
Net Sales- Carbon Steel: $3.12 billion versus $2.75 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +53.5% change.
Net Sales- Alloy: $186.8 million versus $167.87 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +17% change.
Net Sales- Stainless Steel: $634.9 million versus $575.03 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +29.6% change.
Net Sales- Aluminium: $861.7 million versus the two-analyst average estimate of $804.96 million. The reported number represents a year-over-year change of +38.7%.
Shares of Reliance have returned +7.8% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
View the Zacks #1 Rank List
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Here's What Key Metrics Tell Us About Reliance (RS) Q3 Earnings
For the quarter ended September 2026, Reliance (RS - Free Report) reported revenue of $5.21 billion, up 42.8% over the same period last year. EPS came in at $8.02, compared to $3.64 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $4.68 billion, representing a surprise of +11.4%. The company delivered an EPS surprise of +18.64%, with the consensus EPS estimate being $6.76.
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.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
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 +7.8% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.