Steel Dynamics Stock Sinks After Q2 Results Miss Estimates: Details

Core Insights - Steel Dynamics, Inc. reported second-quarter earnings of $2.01 per share, missing the analyst consensus estimate of $2.51 [1] - Quarterly revenue was $4.57 billion, below the analyst consensus estimate of $4.76 billion and down from $4.63 billion in the same period last year [1] - The company experienced a significant sequential improvement in consolidated operating income of 39% and adjusted EBITDA of 19% due to stabilized steel pricing at higher levels [2] Financial Performance - Steel shipments totaled 3.3 million tons [4] - Net sales were reported at $4.6 billion, with operating income of $383 million and net income of $299 million [4] - Adjusted EBITDA reached $533 million, and cash flow from operations was $302 million [4] - As of June 30, 2025, the company had liquidity of $1.9 billion after repaying $400 million of senior notes due June 2025 [4] Stock Performance - Steel Dynamics stock was down 4.13% at $128.98 in extended trading on Monday [3]