Steel Dynamics faces short-term headwinds from supplier issues and muted demand, but tariff support and backlog strength point to improving Q3 results. Tariffs on steel and aluminum are critical tailwinds, supporting domestic pricing and providing a competitive advantage for STLD's new and existing facilities. Despite near-term earnings pressure and higher costs from expansion projects, I view these as transitory and maintain a midcycle earnings estimate of ~$12.25.
While the top- and bottom-line numbers for Steel Dynamics (STLD) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Steel Dynamics (STLD) came out with quarterly earnings of $2.01 per share, missing the Zacks Consensus Estimate of $2.05 per share. This compares to earnings of $2.72 per share a year ago.
The latest trading day saw Steel Dynamics (STLD) settling at $131.15, representing a +2.89% change from its previous close.
Steel Dynamics (STLD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The latest trading day saw Steel Dynamics (STLD) settling at $135.07, representing a -1.67% change from its previous close.
The latest trading day saw Steel Dynamics (STLD) settling at $131.5, representing a +2.35% change from its previous close.
Steel Dynamics projects Q2 EPS of $2.00-$2.04, up from Q1 but down from the prior-year quarter, driven by stronger steel pricing.
Steel Dynamics (STLD) reached $130.11 at the closing of the latest trading day, reflecting a -2.29% change compared to its last close.
In the closing of the recent trading day, Steel Dynamics (STLD) stood at $130.03, denoting a -2.82% move from the preceding trading day.
In the most recent trading session, Steel Dynamics (STLD) closed at $136.84, indicating a +0.83% shift from the previous trading day.
Domestic steel manufacturing stocks billowed higher to start the week as President Trump doubled down on tariffs on imported metals. The new measures increased the tariff level on imported steel and aluminum to 50%, doubling the previous rate of 25%.