Steel Dynamics, Inc. (STLD) logged fourth-quarter 2023 earnings of $2.61 per share, down from $3.61 in the year-ago quarter. It lagged the Zacks Consensus Estimate of $2.63.Net sales in the fourth quarter were down around 12.3% year over year to $4,233.4 million. It, however, surpassed the Zacks Consensus Estimate of $4,112.4 million.Segment HighlightsNet sales for steel operations were $2,915.3 million in the reported quarter, down around 0.8% year over year. STLD registered steel shipments of roughly 3.06 ...

Steel Dynamics (STLD) reported $4.23 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 12.3%. EPS of $2.61 for the same period compares to $4.37 a year ago.The reported revenue represents a surprise of +2.94% over the Zacks Consensus Estimate of $4.11 billion. With the consensus EPS estimate being $2.63, the EPS surprise was -0.76%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...

Investors are always looking for stocks that are poised to beat at earnings season and Steel Dynamics, Inc. (STLD) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Steel Dynamics is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a prett ...

FORT WAYNE, Ind., Jan. 4, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends to release Fourth Quarter and Full Year 2023 financial results after market close on Tuesday, January 23, 2024. The teleconference is scheduled to begin at 11:00 a.m. Eastern Standard Time on Wednesday January 24, 2024 and will be hosted by Mark D. Millett, Chairman and Chief Executive Officer, Theresa E. Wagler, ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are ...

Beginning the new year, the basic materials sector may be an area to scope out for opportunity in the stock market. Specifically, steel producers look attractive as they are critical to U.S. manufacturing with many steel-consuming industries having a resurgence upon easing inflation and higher demand.Notably, the Zacks Steel-Producers Industry is currently in the top 17% of over 250 Zacks industries and several companies in the space covet spots on the Zacks Rank #1 (Strong Buy) list. Here is a look at thre ...

st UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended September 30, 2023 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from _______ to _______ Commission File Number 0-21719 Steel Dynamics, Inc. (Exact name of registrant as specified in its charter) Indiana 35-1929476 (State or other j ...

2022 19 October 2023 IInnvveessttoorr Call Presentation Third Quarter 2023 Presentation HHeeaalltthh aanndd SSaaffeettyy EEnnttrreepprreenneeuurriiaall CCuultltuurree CCuussttoommeerr CCoommmmiittmmeenntt zz SSttrraatteeggiicc GGrroowwtthh IInnnnoovvaattiioonn FFiinnaanncciiaall SStrterennggtthh Forward looking statements and Non-GAAP financial measures Forward-Looking Statements More specifically, refer to Steel Dynamics' more detailed explanation of ...

Steel Dynamics, Inc. (NASDAQ:STLD) Q3 2023 Earnings Conference Call October 19, 2023 11:00 AM ET Company Participants David Lipschitz - Director, Investor Relations Mark Millett - Co-founder, Chairman, and Chief Executive Officer Theresa Wagler - Executive Vice President and Chief Financial Officer Conference Call Participants Martin Englert - Seaport Research Partners Carlos de Alba - Morgan Stanley Tristan Gresser - Exane BNP Paribas Timna Tanners - Wolfe Research Bill Peterson - JP Morgan Operator Good d ...

st UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended June 30, 2023 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from _______ to _______ Commission File Number 0-21719 Steel Dynamics, Inc. (Exact name of registrant as specified in its charter) Indiana 35-1929476 (State or other jurisd ...