Although the revenue and EPS for Steel Dynamics (STLD) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Steel Dynamics (STLD) came out with quarterly earnings of $2.05 per share, beating the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $3.47 per share a year ago.
STLD's third-quarter results are likely to have been impacted by lower profitability in steel operations due to weaker prices.
Steel Dynamics (STLD) closed at $129.86 in the latest trading session, marking a +1.09% move from the prior day.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Steel Dynamics (STLD), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
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.
In the closing of the recent trading day, Steel Dynamics (STLD) stood at $128.22, denoting a +0.53% change from the preceding trading day.
WNC enters into a 10-year strategic agreement with Steel Dynamics to secure a steady supply of key steel components for its transportation solutions portfolio.
The latest trading day saw Steel Dynamics (STLD) settling at $123.34, representing a -1.07% change from its previous close.
STLD projects lower Q3 earnings due to reduced steel prices, but maintains a steady backlog extending into 2025.
In the latest trading session, Steel Dynamics (STLD) closed at $111.01, marking a -1.62% move from the previous day.
In the closing of the recent trading day, Steel Dynamics (STLD) stood at $108.74, denoting a -1.81% change from the preceding trading day.