Steel Dynamics (NASDAQ:STLD) reported its Q4 earnings results on Tuesday, January 23, 2024 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Steel Dynamics missed estimated earnings by 1.88%, reporting an EPS of $2.61 versus an estimate of $2.66.
Revenue was down $593.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 4.07% drop in the share price the next day.
Here’s a look at Steel Dynamics’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 3.48 | 4.79 | 3.52 | 3.79 |
| EPS Actual | 3.47 | 4.81 | 4.01 | 4.37 |
| Revenue Estimate | 4.55B | 5.57B | 5.00B | 4.73B |
| Revenue Actual | 4.59B | 5.08B | 4.89B | 4.83B |
To track all earnings releases for Steel Dynamics visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
