Reliance projects Q4 2025 EPS between $2.65 and $2.85 as market share increases to 17.1% despite margin challenges.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 23 2025
0mins
Should l Buy RS?
Source: SeekingAlpha
Management Performance: Reliance, Inc. reported a record third quarter with tons sold outperforming the industry by 9 percentage points, increasing U.S. market share to 17.1%. However, challenges such as trade policy uncertainty and excess inventories in aerospace and semiconductor markets impacted gross profit margins.
Financial Results: The company achieved non-GAAP earnings per diluted share of $3.64, with operating cash flow of $262 million and a capital expenditure budget of $325 million for 2025. Shareholder returns included $124 million through dividends and share repurchases.
Outlook and Guidance: CFO Arthur Ajemyan projected Q4 2025 non-GAAP earnings per diluted share between $2.65 and $2.85, anticipating a slight increase in tons sold compared to Q4 2024 but a seasonal decline from Q3 2025. Average selling prices are expected to remain flat.
Risks and Analyst Sentiment: Analysts expressed concerns over margin recovery and inventory management, while management maintained a confident tone, focusing on operational efficiency and strategic investments despite ongoing market challenges.
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Analyst Views on RS
Wall Street analysts forecast RS stock price to fall
6 Analyst Rating
3 Buy
3 Hold
0 Sell
Moderate Buy
Current: 369.290
Low
284.00
Averages
314.50
High
340.00
Current: 369.290
Low
284.00
Averages
314.50
High
340.00
About RS
Reliance, Inc. is a global-diversified metal solutions provider and the metals service center company in North America. The Company provides value-added metals processing services and distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and other specialty steel products. It focuses on small orders with quick turnaround and value-added processing services. The Company services more than 125,000 customers in a variety of industries, including consumer products, general manufacturing, non-residential construction (including infrastructure and renewable energy), transportation (rail, truck trailer and shipbuilding), aerospace (commercial, military, defense and space), energy (oil and natural gas), electronics and semiconductor fabrication, industrial machinery and heavy industry (agricultural, construction and mining equipment). It also services the auto industry, through its toll processing operations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Dividend Payment Schedule: The dividend is payable on June 5, with a record date of May 22 and an ex-dividend date also on May 22, ensuring shareholders receive their returns in a timely manner.
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