Steel Dynamics (STLD) Q1 Earnings and Revenues Surpass Estimates

Steel Dynamics (STLD) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.40 per share. This compares to earnings of $3.67 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.86%. A quarter ago, it was expected that this steel producer and metals recycler would post earnings of $1.29 per share when it actually produced earnings of $1.36, delivering a surprise of 5.43%. Steel Dynamics ...