Reliance(RS)
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Reliance, Inc. to Announce Second Quarter 2024 Results on Thursday, July 25th
Newsfilter· 2024-07-11 18:50
SCOTTSDALE, Ariz., July 11, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced today that it will report second quarter 2024 financial results for the period ended June 30, 2024, on Thursday, July 25, 2024, at 6:50 a.m. Eastern Time. Reliance management will host a conference call that same day at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet hosted on the Investors section of the Company's website at reliance.com. Reliance, Inc. Second Quarter 2024 Conference Call Det ...
Reasons to Retain Reliance (RS) Stock in Your Portfolio Now
ZACKS· 2024-06-13 21:47
Reliance, Inc. (RS) is gaining from demand strength in its major end-use markets, a diversified product base and strategic acquisitions amid pricing headwinds.Shares of Reliance, a Zacks Rank #3 (Hold) stock, have gained 10.2% in the past year compared with a 4.5% rise of the industry. Image Source: Zacks Investment Research Strong Demand, Acquisitions Drive RSReliance is benefiting from strong underlying demand in its major markets. RS saw an uptick in demand for non-residential construction in the first q ...
All You Need to Know About Reliance (RS) Rating Upgrade to Strong Buy
ZACKS· 2024-06-07 01:01
Reliance (RS) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Ind ...
Has Reliance, Inc. (RS) Outpaced Other Basic Materials Stocks This Year?
zacks.com· 2024-05-24 22:46
Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Is Reliance (RS) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.Reliance is one of 240 companies in the Basic Materials group. The Basic Materials group currently sits at #6 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups ...
After Plunging -9.98% in 4 Weeks, Here's Why the Trend Might Reverse for Reliance (RS)
Zacks Investment Research· 2024-05-15 22:36
Reliance (RS) has been on a downward spiral lately with significant selling pressure. After declining 10% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is overs ...
Here's What Makes Reliance (RS) Stock a Solid Choice Right Now
Zacks Investment Research· 2024-05-15 21:15
Reliance, Inc.’s (RS) stock looks promising at the moment. It is gaining from demand strength in its major end-use markets, a diversified product base and strategic acquisitions.We are positive on the company’s prospects and believe that the time is right for you to add the stock to portfolio as it looks promising and is poised to carry the momentum ahead.Let’s delve deeper into the factors that make this Zacks Rank #1 (Strong Buy) stock an attractive choice for investors right now.An OutperformerRS has out ...
Reliance, Inc. Announces Upcoming Conference Participation
GlobeNewsWire· 2024-05-07 18:50
SCOTTSDALE, Ariz., May 07, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE: RS) announced today that its management team will participate in the following upcoming investor conferences: The BofA Securities 2024 Global Metals, Mining & Steel Conference on Tuesday, May 14, 2024 in Miami, Florida. Karla Lewis, President and Chief Executive Officer, and Arthur Ajemyan, Senior Vice President and Chief Financial Officer, are scheduled to present on Tuesday, May 14th at 5:30 p.m. ET and will participate in meetings ...
Reliance, Inc. Announces Upcoming Conference Participation
Newsfilter· 2024-05-07 18:50
SCOTTSDALE, Ariz., May 07, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced today that its management team will participate in the following upcoming investor conferences: The BofA Securities 2024 Global Metals, Mining & Steel Conference on Tuesday, May 14, 2024 in Miami, Florida. Karla Lewis, President and Chief Executive Officer, and Arthur Ajemyan, Senior Vice President and Chief Financial Officer, are scheduled to present on Tuesday, May 14th at 5:30 p.m. ET and will participate in meetings w ...
Reliance(RS) - 2024 Q1 - Quarterly Report
2024-05-03 02:54
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-13122 Reliance, Inc. (Exact name of registrant as specified in its charter) Delaware 95-1142616 (State or oth ...
Reliance (RS) Upgraded to Buy: What Does It Mean for the Stock?
Zacks Investment Research· 2024-04-30 01:01
Reliance (RS) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often find ...