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-0.000281056773468185 -0.000702641933670562 -0.000702641933670562 -0.00161607644744231 0.00407532321528958 0.00418071950534027 0.00274030354131545 0.00281056773468245
Stock impact report

Steel Dynamics (STLD) Scales 52-Week High: What's Driving It? [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
In the past year, the stock has gained 26.9% compared with the industry's 15.1% rise in the same period. Image Source: Zacks Investment Research What's Driving Steel Dynamics? For the first quarter of 2024, Steel Dynamics issued earnings guidance of $3.51-$3.55 per share. This indicates an improvement from the previous quarter's earnings of $2.61 but calls for a decline from $3.70 in the first quarter of the prior year. The company anticipates a significant improvement in profitability in its steel operations for the first quarter, which is likely to be driven by increased shipments and earnings across the board. Performance enhancements were registered in its flat-rolled steel operations, particularly in the Sinton Texas Flat Roll Division. Strong demand is consistent in key sectors such as automotive, non-residential construction, energy and industrial segments. Earnings from the company's metals recycling operations are expected to exceed the previous quarter's levels ow Show less Read more
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