Correction: Steel Dynamics Q2 EPS $3.69 Misses $3.77 Estimate, Sales $6.092B Beat $5.570B Estimate
Steel Dynamics (NASDAQ:STLD) reported quarterly earnings of $3.69 per share which missed the analyst consensus estimate of $3.77 by 2.12 percent. This is a 83.58 percent increase over earnings of $2.01 per share from
Steel Dynamics made more money from selling steel than people expected, but earned slightly less profit per share than analysts thought. When a company sells a lot but doesn't earn as much profit as expected, it's worth watching to see if they can do better next time.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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