Workflow
Steel Dynamics(STLD)
icon
Search documents
Steel Dynamics (STLD) Up 2% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-11-15 17:36
A month has gone by since the last earnings report for Steel Dynamics (STLD) . Shares have added about 2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Steel Dynamics due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Steel Dynamics' Q3 Earnings and Revenues Beat E ...
Steel Dynamics(STLD) - 2024 Q3 - Quarterly Report
2024-11-08 19:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended September 30, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from _______ to _______ Commission File Number 0-21719 Steel Dynamics, Inc. (Exact name of registrant as specified in its charter) 35-1929476 (I.R.S. Em ...
Steel Dynamics Recognized for Increased Use of Green Power
Prnewswire· 2024-10-30 18:00
FORT WAYNE, Ind., Oct. 30, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that they recently joined the U.S. Environmental Protection Agency's (EPA) Green Power Partnership (GPP). Steel Dynamics was recognized by the U.S. EPA appearing number 21 on their list of Green Power Partners from the Fortune 500® and number 33 on their National Top 100 List of the largest green power users from the GPP. In 2023, Steel Dynamics steel mills utilized 690 million kilowatt-hours (kWh) of gree ...
Steel Dynamics Analysts Increase Their Forecasts After Better-Than-Expected Earnings
Benzinga· 2024-10-18 16:41
Steel Dynamics Inc STLD posted better-than-expected third-quarter earnings, after the closing bell on Wednesday.Steel Dynamics posted quarterly GAAP earnings of $2.05 per share, beating market estimates of $1.97 per share. The company's quarterly sales came in at $4.34 billion versus expectations of $4.177 billion.“The teams achieved a solid third quarter 2024 performance across the platforms, with adjusted EBITDA of $557 million and cash flow from operations of $760 million,” said Mark D. Millett, Co-Found ...
Steel Dynamics' Q3 Earnings and Revenues Beat Expectations
ZACKS· 2024-10-17 20:01
Steel Dynamics, Inc. (STLD) logged third-quarter 2024 earnings of $2.05 per share, down from $3.47 in the year-ago quarter. The figure surpassed the Zacks Consensus Estimate of $1.98.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Net sales in the reported quarter were down around 5% year over year to $4,341.6 million. The top line beat the Zacks Consensus Estimate of $4,251.3 million. While underlying steel demand was steady in the quarter, STLD’s results were impacted by lower avera ...
Steel Dynamics(STLD) - 2024 Q3 - Earnings Call Presentation
2024-10-17 18:45
2022 17 October 2024 Investor Investor Call Presentation Third Quarter 2024 Presentation Health and Safety Health and Safety Entrepreneurial Culture Entrepreneurial Culture Customer Commitment Customer Commitment Financial Strength z z Strategic Growth Strategic Sustainable Growth Innovation Innovation Financial Strength Forward-looking statements and Non-GAAP financial measures Forward-Looking Statements This presentation contains some predictive statements about future events, including statements related ...
Steel Dynamics(STLD) - 2024 Q3 - Earnings Call Transcript
2024-10-17 18:43
Steel Dynamics, Inc. (NASDAQ:STLD) Q3 2024 Earnings Conference Call October 17, 2024 11:00 AM ET Company Participants David Lipschitz - Director, IR Mark Millett - Chairman & CEO Theresa Wagler - EVP & CFO Barry Schneider - President & COO Conference Call Participants Martin Englert - Seaport Research Partners Katja Jancic - BMO Capital Markets Tristan Gresser - BNP Paribas Exane Carlos Diaba - Morgan Stanley Lawson Winder - Bank of America Merrill Lynch Timna Tanners - Wolfe Research Bill Peterson - JPMorg ...
Steel Dynamics(STLD) - 2024 Q3 - Quarterly Results
2024-10-17 14:07
Exhibit 99.1 Press Release October 16, 2024 7575 W. Jefferson Blvd. Fort Wayne, IN 46804 Steel Dynamics Reports Third Quarter 2024 Results FORT WAYNE, INDIANA, October 16, 2024 / PRNewswire / Third Quarter 2024 Performance Highlights: § Steel shipments of 3.2 million tons § Net sales of $4.3 billion, operating income of $395 million, net income of $318 million, and adjusted EBITDA of $557 million § Cash flow from operations of $760 million § Strong liquidity of $3.1 billion, as of September 30, 2024 § Share ...
Steel Dynamics (STLD) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-16 23:31
Steel Dynamics (STLD) reported $4.34 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 5.4%. EPS of $2.05 for the same period compares to $3.47 a year ago.The reported revenue represents a surprise of +2.12% over the Zacks Consensus Estimate of $4.25 billion. With the consensus EPS estimate being $1.98, the EPS surprise was +3.54%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...
Steel Dynamics (STLD) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-10-16 22:40
Steel Dynamics (STLD) came out with quarterly earnings of $2.05 per share, beating the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $3.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.54%. A quarter ago, it was expected that this steel producer and metals recycler would post earnings of $2.67 per share when it actually produced earnings of $2.72, delivering a surprise of 1.87%.Over the last fou ...