Reliance Steel & Alumin.

At the Jefferies Global Industrials Conference, Reliance Steel & Aluminum reported broad, robust demand in end markets such as data centers, nonresidential construction, automotive fabrication and aerospace. The company emphasized its 95% domestic supplier base as an advantage against tariff pressure and supply bottlenecks, but noted that tariff changes could weigh on prices and inventories. Reliance is focused on organic growth, selective acquisitions and disciplined capital allocation; share buybacks will be used opportunistically. Operational highlights: about $15bn annual sales, 6–6.5 million tonnes of shipments, inventory of roughly $2.5bn and a gross margin of about 30%. » Mere på de.investing.com

The shares of Reliance Steel & Aluminum climbed to an all-time high of $365.86 and are up 25.88% year-to-date. The company reported strong Q1 2026 results with adjusted earnings per share of $5.16 (expectation $4.67) and revenues of $4.03 billion (expectation $3.92 billion). Management and analysts attribute the outperformance to operating leverage and pricing power in the diversified product portfolio; additionally, Reliance has increased its dividend for 15 consecutive years. » Mere på de.investing.com

Reliance Steel & Aluminum reported Q1 2026 EPS of $5.16 (estimate $4.67) and revenue of $4.03 billion (estimate $3.92 billion), both above analysts' estimates. Revenue rose 15% year over year and EPS climbed 37%, supported by operating leverage, pricing power and record shipment volumes. The stock rose 2.55% in after-hours trading to $344.55. Management gave confident guidance for 2026 and 2027 and expects continued strong results thanks to efficiency gains and pricing strategies. » Mere på de.investing.com