Advertisement
Steel Dynamics Guides Q2 Earnings Well Above Estimates
(RTTNews) - Steel producer Steel Dynamics Inc. (STLD) on Friday provided its earnings guidance for the second quarter, well above analysts' estimates.
For the second quarter, the company said it expects earnings in a range of $4.78 to $4.82 per share.
On average, six analysts polled by Thomson Reuters expect the company to report earnings of $4.13 per share for the quarter. Analysts' estimates typically exclude special items.
The company projects second-quarter profitability from its steel operations to be significantly stronger than sequential first quarter results, based on significant metal spread expansion across the platform as realized selling values more than offset moderately higher scrap costs.
read more
Steel Dynamics Guides Q1 Profit Well Above Estimates
Steel producer Steel Dynamics Inc. (STLD) on Thursday provided its earnings and adjusted earnings guidance for the first quarter, well above analysts' estimates.
RTTNews
|
750 दिनों पहले
Steel Dynamics Appoints Barry Schneider As President And COO, Effective March 1
Steel Dynamics, Inc. (STLD) announced Thursday that the company's board of directors approved the appointment of Barry Schneider to the newly created position of President and Chief Operating Officer of the company, effective March 1, 2023.
RTTNews
|
784 दिनों पहले
Steel Dynamics Sees Q3 Profit Well Above Estimates
Steel producer Steel Dynamics Inc. (STLD) on Thursday provided its earnings and adjusted earnings guidance for the third quarter, well above analysts' estimates.
RTTNews
|
931 दिनों पहले
Steel Dynamics To Construct $1.9 Bln State-of-the-Art Low-Carbon Aluminum Flat Rolled Mill
Steel Dynamics, Inc. (STLD) announced Tuesday that its Board of Directors has authorized the company to construct and operate a 650,000-tonne low-carbon, recycled aluminum flat rolled mill, with two supporting satellite recycled aluminum slab centers.
RTTNews
|
989 दिनों पहले
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Friday, following the broadly negative from Wall Street overnight, with some of the major markets being closed, as traders continue to assess the impact of the steeper-than-expected reciprocal tariffs imposed by US President Donald Trump on U.S. trade partners. Asian markets ended mostly lower on Thursday.
RTTNews
|
4घंटे 27 मिनट पहले
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market moves on Friday, adding to the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling almost 2 percent to stay just above the 7,700 level, with weakness across most sectors led by energy and technology stocks.
RTTNews
|
5घंटे 10 मिनट पहले
Sensex, Nifty Seen Lower At Open As Global Sell-off Deepens
Indian shares may follow global peers lower on Friday, even as a weakening dollar, plunging oil prices and expectations for accelerated Federal Reserve interest-rate cuts may help cap overall losses to some extent.
RTTNews
|
5घंटे 17 मिनट पहले
Japanese Market Sharply Lower; Down 2.4%
Extending the sharp losses in the previous session, the Japanese market is sharply lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling 2.4 percent to below the 33,900 level, with weakness across most sectors led by index heavyweights, financial and technology stocks.
RTTNews
|
6घंटे 21 मिनट पहले
