NYSE:RSMetals and Mining
Why Reliance (RS) Is Up 7.6% After Strong Q1 Earnings And Higher Q2 Volume Guidance
In April 2026, Reliance, Inc. reported first‑quarter 2026 results showing sales of US$4,026 million and net income of US$264.9 million, alongside ongoing share repurchases and a declared quarterly dividend of US$1.25 per share.
The company also issued guidance calling for higher tons sold in the second quarter of 2026 versus both the prior quarter and prior year, suggesting management sees continued volume momentum across its core metal solutions business.
We’ll now examine how Reliance’s...