Reliance (RS) Acquires Steel Service Center MidWest Materials [Yahoo! Finance]
Reliance, Inc. (RS)
Last reliance, inc. earnings: 4/23 06:50 am
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Source: Yahoo! Finance
Established in 1952 and headquartered in Perry, OH, MidWest Materials offers a diverse range of steel products, including hot-rolled, high-strength hot-rolled, coated and cold-rolled varieties. These products serve various industries, such as trailer manufacturing, agriculture, metal fabrication and building products. With annual net sales of approximately $87 million for the 12 months ending Dec 31, 2023, MidWest Materials has proven its robust performance in the market. The current management team of MidWest Materials will continue to lead the company under Reliance's ownership. Reliance, Inc. Price and Consensus Reliance, Inc. price-consensus-chart | Reliance, Inc. Quote The addition of MidWest Materials to the Reliance family is met with excitement, as it bolsters Reliance's presence in the vital Ohio markets crucial for serving North American OEMs. This acquisition is strategically aligned with Reliance's growth trajectory, capitalizing on MidWest Materials' operational e
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News
- Reliance (RS) Loses -13.04% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner [Yahoo! Finance]Yahoo! Finance
- Reliance, Inc. (NYSE: RS) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Reliance, Inc. (NYSE: RS) had its price target lowered by analysts at BMO Capital Markets from $355.00 to $345.00. They now have an "outperform" rating on the stock.MarketBeat
- Reliance's (RS) Earnings & Revenues Miss Estimates in Q1 [Yahoo! Finance]Yahoo! Finance
- Reliance (RS) Q1 Earnings and Revenues Lag Estimates [Yahoo! Finance]Yahoo! Finance
RS
Earnings
- 4/25/24 - Miss
RS
Sec Filings
- 4/25/24 - Form 8-K
- 4/3/24 - Form ARS
- 4/3/24 - Form DEFA14A
- RS's page on the SEC website