Reliance Inc reports results for the quarter ended June 30 - Earnings Summary

Reliance

22/07/2026 22:02

Reliance Inc RS.N reported quarterly adjusted earnings of $6.27​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $4.43.  The mean expectation of nine analysts for the quarter was for earnings of $5.41 per share. Wall Street expected results to range from $5.24  to $5.50 per share.
Revenue rose 26.5% to $4.63 billion from a year ago; analysts expected $4.24 billion. 
Reliance Inc's reported EPS for the quarter was $6.29​.
The company reported quarterly net income of $322.9 million.
Reliance Inc shares had risen by 2.6% this quarter and gained 32.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 4.8% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the iron & steel peer group is  "buy."
Wall Street's median 12-month price target for Reliance Inc is $379.50, about 1% below its last closing price of $383.42
This summary was machine generated from LSEG data July 22 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
5.41
6.27
Beat
Mar. 31 2026 
4.67
5.16
Beat
Dec. 31 2025 
2.83
2.40
Missed
Sep. 30 2025 
3.68
3.64
Missed