- Revenue $5.21B vs estimate $4.66B, +42.8% YoY
Reliance posted massive Q3 beats: revenue $5.21B vs $4.66B est., adj. EPS $8.02 vs $6.64. Q4 guide also well above consensus. The company flagged a border-wall contract as a meaningful contributor. Steel led sales growth at +53.5% YoY. Share buyback authorization boosted to $2.5B.
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