Steel Dynamics (STLD) Q2 Earnings and Revenues Lag Estimates

Steel Dynamics (STLD) came out with quarterly earnings of $2.01 per share, missing the Zacks Consensus Estimate of $2.05 per share. This compares to earnings of $2.72 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1.95%. A quarter ago, it was expected that this steel producer and metals recycler would post earnings of $1.4 per share when it actually produced earnings of $1.44, delivering a surprise of +2.86%. Over the last ...