A Glimpse of Reliance's Earnings Potential
Portfolio Pulse from Benzinga Insights
Reliance (NYSE:RS) is set to announce its quarterly earnings on October 24, 2024, with an expected EPS of $3.66. The company's past performance showed a slight miss in EPS, leading to a minor stock price drop. Analysts rate Reliance as 'Outperform' with a price target of $325, indicating a potential upside. Despite challenges in revenue growth, Reliance maintains strong profitability and financial health compared to peers.
October 23, 2024 | 8:01 pm
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Reliance is expected to report an EPS of $3.66. Analysts rate it 'Outperform' with a $325 price target, suggesting a potential 13.17% upside. Despite revenue growth challenges, Reliance shows strong profitability and financial health.
Reliance's upcoming earnings report is highly anticipated, with analysts expecting a positive EPS. The 'Outperform' rating and price target suggest potential stock price appreciation. Despite revenue challenges, strong profitability metrics support a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100