Steel Dynamics Q2 EPS $3.71 Misses $3.77 Estimate, Sales $6.092B Beat $5.570B Estimate
Steel Dynamics (NASDAQ:STLD) reported quarterly earnings of $3.71 per share which missed the analyst consensus estimate of $3.77 by 1.59 percent. This is a 84.58 percent increase over earnings of $2.01 per share from
Steel Dynamics made more money from selling steel than people expected, but earned a tiny bit less profit per share than forecasters guessed. When a company sells more stuff but makes less profit, it hints that costs might be going up or competition is getting tougher.
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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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