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0.00533011157700234 -0.00874138298628377 -0.00746215620780336 -0.00849264444602369 -0.0300973633714733 -0.0438135171629592 -0.0596261815080663 -0.0605856015919267
Stock impact report

Steel Dynamics (STLD) Q1 Earnings Top on Higher Selling Prices [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
Net sales in the first quarter were down around 4% year over year to $4,694 million. It missed the Zacks Consensus Estimate of $4,739.7 million. While STLD witnessed some steel order volatility early in the reported quarter, underlying steel demand was steady in the quarter. Solid demand led to near-record shipments and higher selling prices in the company's steel operations. Steel Dynamics, Inc. Price, Consensus and EPS Surprise Steel Dynamics, Inc. price-consensus-eps-surprise-chart | Steel Dynamics, Inc. Quote Segment Highlights Net sales for steel operations were $3,366.2 million in the reported quarter, up around 9% year over year. STLD registered steel shipments of roughly 3.3 million tons in the quarter. This compares to our estimate of 3.45 million tons. The company saw strong demand led by automotive, non-residential construction, energy and industrial sectors. STLD's steel operations reported an average external product selling price of $1,201 per ton, up from $ Show less Read more
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