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.
Steel Dynamics (STLD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Steel Dynamics (STLD) closed the most recent trading day at $111.04, moving +1.68% from the previous trading session.
Shares of Steel Dynamics dropped 9% due to tariff fears, but the impact may be less negative than for other manufacturers. Tariffs create mixed impacts; they protect US steelmakers but may reduce demand from manufacturers and builders due to higher input costs. STLD's major growth projects, including the Sinton Texas steel mill and a new aluminum plant, are expected to significantly boost profits and cash flow in 2025 and especially 2026.
In the latest trading session, Steel Dynamics (STLD) closed at $128.34, marking a +0.27% move from the previous day.
Steel Dynamics (STLD) reachead $127.09 at the closing of the latest trading day, reflecting a +1.72% change compared to its last close.
STLD's steel operations are expected to be more profitable in the first quarter of 2025 than the previous quarter.
This transaction advances STLD's long-term strategy of providing a solid capital foundation to support its personnel, customers, shareholders and future growth.
The latest trading day saw Steel Dynamics (STLD) settling at $120.76, representing a +1.14% change from its previous close.
In the most recent trading session, Steel Dynamics (STLD) closed at $127.72, indicating a +1.07% shift from the previous trading day.
The latest trading day saw Steel Dynamics (STLD) settling at $133.48, representing no change from its previous close.
STLD has consistently increased its cash dividend in alignment with its growth initiatives.