Reliance Inc. Projects Improved Q2 2025 Earnings

Published 3 hours agoRELI

Reliance Inc. Projects Improved Q2 2025 Earnings

Reliance Inc. has released its earnings guidance for the second quarter of 2025, projecting non-GAAP earnings per diluted share to fall between $4.50 and $4.70. This outlook is based on the anticipated stability in market demand across its diverse end markets and a focus on sectors like non-residential construction, which is expected to maintain robust demand despite wider economic concerns.

The company has outlined projections for tons sold in Q2 2025, indicating a change range from a decrease of 1.0% to an increase of 1.0% compared to Q1 2025. This variation reflects typical seasonal trends. However, when compared to Q2 2024, Reliance anticipates a more concrete increase in tons sold by 3% to 5%. Additionally, the average selling price per ton is expected to increase by 1% to 3% over the same period, according to details from Reliance's latest expectations.

With improvements in pricing for certain products already observed from March into April, the company foresees an expansion in its FIFO gross profit margin. By capitalizing on these pricing gains, which have positively impacted some product lines, Reliance plans to enhance its financial performance in the upcoming quarter. The focus remains on leveraging these pricing strategies and maintaining steady demand in targeted markets.

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