Core Insights - Steel Dynamics reported revenue of $4.83 billion for the quarter ended September 2025, reflecting an 11.2% increase year-over-year and surpassing the Zacks Consensus Estimate of $4.69 billion by 2.93% [1] - The company's EPS was $2.74, up from $2.05 in the same quarter last year, exceeding the consensus EPS estimate of $2.66 by 3.01% [1] Financial Performance - The average external sales price for Steel was $1,119.00 per ton, higher than the estimated $1,083.47 per ton [4] - Steel Fabrication's average sales price was $2,495.00 per ton, below the estimated $2,588.69 per ton [4] - External net sales for Steel reached $3.54 billion, a 21.3% year-over-year increase, compared to the average estimate of $3.27 billion [4] - External net sales for Steel Fabrication were $377.68 million, down 15.6% year-over-year, and below the average estimate of $403.07 million [4] - External net sales for Metals Recycling were $520.99 million, a decrease of 7.9% year-over-year, compared to the average estimate of $530.23 million [4] - External net sales for Other segments were $320.36 million, down 22.2% year-over-year, and below the average estimate of $396.62 million [4] - External net sales for Aluminum were $71.14 million, significantly lower than the average estimate of $142.54 million [4] Market Performance - Steel Dynamics shares returned +2.5% over the past month, outperforming the Zacks S&P 500 composite's +1.1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]

Core Viewpoint - Steel Dynamics (STLD) is expected to report quarterly earnings of $2.66 per share, reflecting a year-over-year increase of 29.8%, with anticipated revenues of $4.7 billion, an 8.2% increase compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised upward by 0.6% in the past 30 days, indicating a reassessment by analysts [2]. - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock performance [3]. Revenue and Sales Forecasts - Analysts project 'External Net Sales- Steel' to reach $3.27 billion, a 12% increase from the year-ago quarter [5]. - The estimate for 'External Net Sales- Steel Fabrication' is $403.07 million, indicating a decrease of 9.9% year-over-year [5]. - 'External Net Sales- Metals Recycling' is expected to be $530.23 million, reflecting a decline of 6.3% from the previous year [5]. - 'External Net Sales- Other' is forecasted at $396.62 million, a decrease of 3.7% year-over-year [6]. Pricing and Shipment Metrics - The average external sales price for steel is projected to be $1,083 per tonne, up from $1,059 per tonne a year ago [6]. - The average sales price for steel fabrication is expected to be $2,589 per tonne, down from $2,836 per tonne in the previous year [7]. - 'Steel - External Shipments' are anticipated to reach 3,018 thousand tons, compared to 2,755 thousand tons last year [7]. - 'Steel Fabrication - Shipments' are expected to be 156 thousand tons, slightly down from 159 thousand tons year-over-year [8]. - 'Steel - Flat Roll shipments' are projected at 2,105 thousand tons, an increase from 1,924 thousand tons last year [9]. - 'Metals Recycling - Ferrous shipments' are estimated at 1,571 thousand tons, up from 1,459 thousand tons in the same quarter of the previous year [9]. - 'Steel - Flat Roll shipments - Steel Processing Divisions' are expected to be 489 thousand tons, compared to 471 thousand tons last year [10]. Stock Performance - Over the past month, Steel Dynamics shares have returned +5.2%, outperforming the Zacks S&P 500 composite's +1% change, indicating a performance that aligns with the overall market [11].

Core Insights - Steel Dynamics reported revenue of $4.37 billion for the quarter ended March 2025, a decrease of 6.9% year-over-year, with EPS at $1.44 compared to $3.67 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $4.15 billion by 5.38%, and the EPS also surpassed the consensus estimate of $1.40 by 2.86% [1] Financial Performance - The average external sales price for steel was $998 per ton, lower than the estimated $1,013.61 per ton [4] - The average sales price for steel fabrication was $2,599 per ton, compared to the estimated $2,858.1 per ton [4] - External net sales for steel were $3.07 billion, down 8.9% year-over-year, exceeding the average estimate of $2.89 billion [4] - External net sales for steel fabrication were $352.31 million, representing a year-over-year decline of 21.2%, below the average estimate of $392.77 million [4] - External net sales for metals recycling were $534.90 million, a decrease of 6.1% year-over-year, surpassing the average estimate of $518.05 million [4] - External net sales for other segments were $348.40 million, reflecting a year-over-year increase of 12%, above the average estimate of $305.56 million [4] Market Performance - Steel Dynamics shares have returned -10.4% over the past month, compared to the Zacks S&P 500 composite's -8.9% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]