Reliance Steel Earnings Estimate
RS Stock | USD 282.63 4.56 1.59% |
Reliance Steel Revenue Breakdown by Earning Segment
By analyzing Reliance Steel's earnings estimates, investors can diagnose different trends across Reliance Steel's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Reliance Steel's Gross Profit is comparatively stable compared to the past year. Pretax Profit Margin is likely to gain to 0.12 in 2024, whereas Operating Profit Margin is likely to drop 0.06 in 2024.
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Reliance Steel Earnings per Share Projection vs Actual
About Reliance Steel Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Reliance Steel earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Reliance Steel estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Reliance Steel fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.Last Reported | Projected for Next Year | ||
Retained Earnings | 7.8 B | 8.2 B | |
Retained Earnings Total Equity | 7.1 B | 4.3 B | |
Earnings Yield | 0.08 | 0.08 | |
Price Earnings Ratio | 12.21 | 14.20 | |
Price Earnings To Growth Ratio | (0.50) | (0.47) |
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Additional Tools for Reliance Stock Analysis
When running Reliance Steel's price analysis, check to measure Reliance Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Steel is operating at the current time. Most of Reliance Steel's value examination focuses on studying past and present price action to predict the probability of Reliance Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Steel's price. Additionally, you may evaluate how the addition of Reliance Steel to your portfolios can decrease your overall portfolio volatility.