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.
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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.
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671 วันที่ผ่านมา
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.
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705 วันที่ผ่านมา
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.
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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.
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910 วันที่ผ่านมา
Dollar Drifts Lower Against Major Counterparts
The U.S. dollar shed ground against its major counterparts on Tuesday after data showed a smaller than expected increase in U.S. producer prices in the month of December.
The data helped ease recent concerns about the outlook for inflation and interest rates.
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5 ชม. 8 นาทีที่ผ่านมา
Indonesia Stock Market May Stop The Bleeding On Wednesday
The Indonesia stock market has finished lower in back-to-back sessions, surrendering more than 130 points or 1.8 percent along the way. The Jakarta Composite Index now sits just above the 6,950-point plateau although it's tipped to open to the upside on Wednesday.
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5 ชม. 56 นาทีที่ผ่านมา
Japan Stock Market May Halt Its Slide On Wednesday
The Japanese stock market has finished lower in four straight sessions, stumbling more than 1,600 points or 4.2 percent along the way. The Nikkei 225 now rests just beneath the 38,475-point plateau although it may stop the bleeding on Wednesday.
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5 ชม. 58 นาทีที่ผ่านมา
Canadian Stocks Mixed In Lackluster Trade
Canadian stocks are turning in a mixed performance in cautious trade with investors digesting U.S. producer price inflation data and looking ahead to the consumer price inflation report.
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7 ชม. 19 นาทีที่ผ่านมา
