NYSE$RS
Reliance Steel And Aluminum Co · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Reliance, Inc. reported lower revenue and earnings in Q4 2024 compared to the prior quarter, but results were stronger than anticipated due to better shipment levels and gross profit margin improvements.
Reliance, Inc. posted Q4 2024 revenue of $3.13 billion, down 8.6% sequentially. Net income declined by 47.1% to $105.3 million, with diluted EPS at $1.93. Adjusted EPS stood at $2.22. Despite declining sales, the company maintained solid gross profit margins and generated strong cash flows.
- Revenue of $3.13 billion, down 8.6% from Q3 2024.
- Net income declined 47.1% to $105.3 million.
- Adjusted EPS of $2.22, down 39.0% from the prior quarter.
- Generated $473.3 million in operating cash flow.
Headline financials
Revenue & EPS history
Reliance Steel · Revenue · Quarterly
$3.13B
Forward guidance
Reliance anticipates modest demand improvements in Q1 2025, expecting tons sold to increase 6% to 8% sequentially, with pricing stabilizing.
Tailwinds
- Expected 6% to 8% increase in tons sold for Q1 2025.
- Stable demand in non-residential construction and manufacturing.
- Continued strong demand in aerospace, military, and shipbuilding sectors.
- Improved alignment of replacement costs and inventory costs.
- Anticipated non-GAAP EPS between $3.30 and $3.50 for Q1 2025.
Headwinds
- Ongoing economic uncertainty could impact metals pricing.
- Semiconductor market demand remains under pressure.
- Heavy equipment sector, particularly agriculture, remains weak.
- Potential disruptions from trade policy changes.
- Pricing expected to be flat to slightly down in Q1 2025.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+1.3%
Avg return
Earnings day
+1.9%
Avg return
5 days after
+1.6%
Avg return
30 days after
64%
44 / 69 earnings
Positive
+17.0%
Q3 2019
Best reaction
-13.2%
Q2 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.9% | +3.3% | +4.5% | |
| Q4 2025 | -2.7% | -5.7% | -13.6% | |
| Q3 2025 | -0.3% | +2.1% | +0.3% | |
| Q2 2025 | -1.5% | -1.4% | +0.2% | |
| Q1 2025 | +0.7% | +1.7% | +3.1% | |
| Q4 2024 | +3.1% | +0.8% | -5.5% | |
| Q3 2024 | +0.3% | +4.1% | +13.0% | |
| Q2 2024 | +3.5% | +2.8% | -4.0% | |
| Q1 2024 | -7.3% | -9.2% | -3.1% | |
| Q4 2023 | +10.8% | +7.8% | +8.8% | |
| Q3 2023 | +0.5% | +2.9% | +8.4% | |
| Q2 2023 | -0.3% | +0.9% | -5.1% | |
| Q1 2023 | +3.1% | +3.1% | -0.3% | |
| Q4 2022 | +6.2% | +3.6% | +3.0% | |
| Q3 2022 | +2.8% | +5.6% | +9.1% | |
| Q2 2022 | +1.9% | -0.1% | +4.2% | |
| Q1 2022 | +4.8% | +8.1% | +8.3% | |
| Q4 2021 | +4.0% | +3.8% | +13.9% | |
| Q3 2021 | +1.5% | +4.5% | +9.9% | |
| Q2 2021 | +0.3% | +1.6% | -0.6% | |
| Q1 2021 | +1.5% | +3.2% | +7.0% | |
| Q4 2020 | +4.7% | +8.1% | +18.6% | |
| Q3 2020 | -0.7% | -2.8% | +5.5% | |
| Q2 2020 | +6.2% | +3.9% | +7.2% | |
| Q1 2020 | +3.9% | +6.7% | +9.1% | |
| Q4 2019 | -5.3% | -8.3% | -36.5% | |
| Q3 2019 | +17.0% | +20.7% | +17.3% | |
| Q2 2019 | +10.6% | +8.2% | +2.7% | |
| Q1 2019 | +3.3% | +3.5% | -4.3% | |
| Q4 2018 | +3.1% | +4.2% | +0.7% | |
| Q3 2018 | -0.3% | +0.6% | +3.9% | |
| Q2 2018 | -1.3% | -1.9% | -4.4% | |
| Q1 2018 | +0.3% | -1.6% | +4.6% | |
| Q4 2017 | +6.8% | +4.7% | +2.4% | |
| Q3 2017 | +2.8% | +1.0% | -0.4% | |
| Q2 2017 | -2.9% | -2.7% | -4.1% | |
| Q1 2017 | -1.0% | -2.6% | -8.5% | |
| Q4 2016 | +1.0% | +2.2% | -3.9% | |
| Q3 2016 | -5.8% | -5.5% | +5.7% | |
| Q2 2016 | -7.2% | -6.1% | -11.3% | |
| Q1 2016 | -1.5% | — | — | |
| Q4 2015 | -1.7% | — | — | |
| Q3 2015 | +8.9% | — | — | |
| Q2 2015 | +4.5% | — | — | |
| Q1 2015 | +9.9% | — | — | |
| Q4 2014 | +6.5% | — | — | |
| Q3 2014 | +2.1% | — | — | |
| Q2 2014 | -5.3% | — | — | |
| Q1 2014 | -2.8% | — | — | |
| Q4 2013 | -3.1% | — | — | |
| Q3 2013 | -2.5% | — | — | |
| Q2 2013 | +1.5% | — | — | |
| Q1 2013 | -4.5% | — | — | |
| Q4 2012 | +0.1% | — | — | |
| Q3 2012 | +5.4% | — | — | |
| Q2 2012 | +10.4% | — | — | |
| Q1 2012 | -0.6% | — | — | |
| Q4 2011 | -0.7% | — | — | |
| Q3 2011 | +1.1% | — | — | |
| Q2 2011 | -13.2% | — | — | |
| Q1 2010 | +3.0% | — | — | |
| Q1 2011 | -0.1% | — | — | |
| Q4 2010 | +1.4% | — | — | |
| Q4 2008 | +1.4% | — | — | |
| Q3 2010 | +1.2% | — | — | |
| Q3 2009 | +1.2% | — | — | |
| Q2 2010 | +1.0% | — | — | |
| Q4 2009 | +1.0% | — | — | |
| Q2 2009 | +1.0% | — | — |
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