Advertisement
Steel Dynamics Guides Q2 Earnings Well Above Estimates
(RTTNews) - Steel producer Steel Dynamics Inc. (STLD) on Friday provided its earnings guidance for the second quarter, well above analysts' estimates.
For the second quarter, the company said it expects earnings in a range of $4.78 to $4.82 per share.
On average, six analysts polled by Thomson Reuters expect the company to report earnings of $4.13 per share for the quarter. Analysts' estimates typically exclude special items.
The company projects second-quarter profitability from its steel operations to be significantly stronger than sequential first quarter results, based on significant metal spread expansion across the platform as realized selling values more than offset moderately higher scrap costs.
read more
Steel Dynamics Guides Q1 Profit Well Above Estimates
Steel producer Steel Dynamics Inc. (STLD) on Thursday provided its earnings and adjusted earnings guidance for the first quarter, well above analysts' estimates.
RTTNews
|
1276 days ago
Steel Dynamics Appoints Barry Schneider As President And COO, Effective March 1
Steel Dynamics, Inc. (STLD) announced Thursday that the company's board of directors approved the appointment of Barry Schneider to the newly created position of President and Chief Operating Officer of the company, effective March 1, 2023.
RTTNews
|
1310 days ago
Steel Dynamics Sees Q3 Profit Well Above Estimates
Steel producer Steel Dynamics Inc. (STLD) on Thursday provided its earnings and adjusted earnings guidance for the third quarter, well above analysts' estimates.
RTTNews
|
1457 days ago
Steel Dynamics To Construct $1.9 Bln State-of-the-Art Low-Carbon Aluminum Flat Rolled Mill
Steel Dynamics, Inc. (STLD) announced Tuesday that its Board of Directors has authorized the company to construct and operate a 650,000-tonne low-carbon, recycled aluminum flat rolled mill, with two supporting satellite recycled aluminum slab centers.
RTTNews
|
1515 days ago
French Stocks Rise On Oil Price Drop, Middle East Concerns Persist
French equities recovered Friday with the CAC 40 rising to 8,167.27 points after the IEA lowered its global oil demand forecast. Brent crude futures declined 3.5% to $104.00 a barrel.
RTTNews
|
17 minutes ago
Indian Shares End Off Day's Lows As Oil Prices Ease
Indian shares ended Friday's session lower as Middle East tensions persisted, and investors awaited key U.S. CPI data later in the day for additional clues on the Federal Reserve's rate trajectory.
RTTNews
|
45 minutes ago
German Stocks Move Modestly Higher As Oil Prices Fall Sharply
German stocks moved higher on Friday, recovering from losses posted in the previous two sessions, as oil prices fell sharply following the International Energy Agency (IEA) revising downward its world oil demand forecast for the year.
RTTNews
|
1h 1min ago
Gold Edges Higher As Oil Prices Ease After Recent Surge
Gold edged higher on Friday as oil prices slipped from recent highs and investors awaited key U.S. CPI data later in the day for additional clues on the Federal Reserve's rate trajectory.
RTTNews
|
1h 16min ago
