Steel Dynamics (STLD) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Steel Dynamics reported revenue of $3.87 billion for Q4 2024, an 8.5% decline year-over-year, with EPS of $1.36 compared to $2.61 a year ago, missing the Zacks Consensus Estimate of $3.96 billion by 2.13% [1] - The company delivered an EPS surprise of +5.43%, exceeding the consensus EPS estimate of $1.29 [1] Financial Performance Metrics - Average external sales price for steel was $1,011 per ton, surpassing the four-analyst average estimate of $981.38 per ton [4] - Average sales price for steel fabrication was $2,718 per ton, slightly below the four-analyst average estimate of $2,727.95 per ton [4] - External net sales for steel were reported at $2.65 billion, matching the average estimate but reflecting a year-over-year decline of 9.2% [4] - External net sales for steel fabrication were $396.23 million, below the average estimate of $407.75 million, with a year-over-year decline of 23.9% [4] - External net sales for metals recycling were $482.08 million, compared to the average estimate of $546.89 million, showing a year-over-year change of -1.2% [4] - External net sales for other segments were $287.74 million, below the average estimate of $353.72 million, representing a year-over-year decline of 7% [4] Stock Performance - Steel Dynamics shares returned +6.5% over the past month, outperforming the Zacks S&P 500 composite's +2.1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]