---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-005798"
form_type: "8-K"
ticker: "RS"
cik: "0000861884"
company_name: "RELIANCE, INC."
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:48:03.130017+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Reliance Q3 EPS $3.61, down 27.7% YoY; guides Q4 EPS $2.65-$2.85

## Summary
- Net sales $3.42B (-5.6% YoY); tons sold +7.1% but avg selling price -12%
- Non-GAAP EPS $3.64 vs $5.00 a year ago; gross margin 29.4%
- Operating cash flow $463.9M; share repurchases $432M (3% of shares)
- Q4 guidance: tons sold down 6-8% sequentially, non-GAAP EPS $2.65-$2.85
- Completed FerrouSouth toll processing acquisition; declared $1.10/share dividend

## SEC filing metadata
- accession: 0001171843-24-005798
- form_type: 8-K
- ticker: RS
- cik: 0000861884
- company_name: RELIANCE, INC.
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/861884/000117184324005798/0001171843-24-005798-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/861884/000117184324005798/f8k_102424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-005798
- JSON: https://secwatch.observer/filing/0001171843-24-005798.json
- Plain text: https://secwatch.observer/filing/0001171843-24-005798.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.