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0 0 0.00135544854645977 0.00149812734082382 0.00524344569288379 0.0050294275013375 0.0050294275013375 0.0050294275013375
Stock impact report

Steel Dynamics (STLD) Projects Higher Sequential Q1 Earnings [Yahoo! Finance]

Steel Dynamics, Inc. (STLD) 
Last steel dynamics, inc. earnings: 4/20 06:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.steeldynamics.com/presentations
Company Research Source: Yahoo! Finance
This suggests an improvement from the previous quarter's earnings of $2.61 per share and a deterioration from earnings of $3.70 recorded in the first quarter of the prior year. The company anticipates a substantial boost in profitability in its steel operations for the first quarter of 2024, particularly driven by increased shipments and earnings across the operations. The upside can be attributed to enhanced performance in its flat-rolled steel operations, with improvements observed at the Sinton Texas Flat Roll Division. Key sectors such as automotive, non-residential construction, energy and industrial segments continue to demonstrate strong demand. Earnings from the company's metals recycling operations are expected to surpass the previous quarter's levels, driven by improved pricing for ferrous and nonferrous materials along with increased volumes. Steel Dynamics, Inc. Price and Consensus Steel Dynamics, Inc. price-consensus-chart | Steel Dynamics, Inc. Quote While the Show less Read more
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