Reliance (RS) earnings for the quarter ended September 2026: EPS beats estimates
Reliance reported results for the quarter ended September 2026 on October 21, 2026. Adjusted earnings per share came in at $8.02 against the analysts’ average forecast of $6.83, a beat of 17.4%.
Revenue for the quarter was $5.21 billion, up 42.8% from $3.65 billion in the same quarter a year earlier.
The market’s verdict: the stock rose 0.2% on the first trading day after the report.
The last four quarters
Reliance has beaten the analysts’ EPS forecast in 3 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $8.02 | $6.83 | +17.4% | +43% | +0.2% |
| Jun 2026 | $6.27 | $5.47 | +14.7% | +27% | +3.1% |
| Mar 2026 | $5.16 | $4.66 | +10.7% | +16% | +2.5% |
| Dec 2025 | $2.40 | $2.82 | −14.8% | +12% | −3.8% |
What comes next
Analysts expect EPS of $7.63 for the next quarter on average and $27.03 for the fiscal year ending December 31, 2026.
The average analyst price target is $442.22, 3% above the current price of $427.33.
Valuation and score
Reliance scores 2.6 out of 5 overall on Stock Analiz (average), trades at a trailing P/E of about 19.9, and its intrinsic value under moderate assumptions is about 3% below the current market value. Full Reliance analysis with 10 years of financials
Frequently asked questions
What was Reliance’s EPS for the quarter ended September 2026?
$8.02 adjusted per share, against an analyst consensus of $6.83.
How much revenue did Reliance report?
$5.21 billion, up 42.8% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.