Reliance Q1 2025 EPS falls to $3.74 from $5.23 but beats its own guidance
Reliance reported first-quarter 2025 results on April 23, 2025, with net sales of $3.48 billion, down 4.4% from a year earlier, on record tons sold. Diluted EPS was $3.74 versus $5.23 a year earlier, while non-GAAP diluted EPS of $3.77 came in above the company's $3.30 to $3.50 guidance. For shareholders, year-over-year sales and profit declined, but results improved from the prior quarter and the company guided second-quarter non-GAAP EPS to $4.50 to $4.70.
Key points
- Net sales $3.48 billion, down 4.4% year over year; tons sold rose 9.0% to a record 1.63 million
- Diluted EPS $3.74 vs. $5.23 a year earlier; non-GAAP diluted EPS $3.77 vs. $3.30 to $3.50 guidance
- Q2 2025 non-GAAP EPS guidance of $4.50 to $4.70, including LIFO expense of $25.0 million or $0.35 per share
- Repurchased $253.2 million of stock in Q1; quarterly dividend of $1.20 declared April 21, 2025, payable June 6, 2025
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.