General Steel (GSI) Rises as Q3 Earnings Top the Street
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Shares of General Steel (NYSE: GSI) are trading sharply higher this morning following Q3 results earlier. The stock most recently traded at $4.34, up 11% from yesterday's closing price.
The company reported quarterly EPS of $0.22, 12 cents better than the analyst estimate of $0.10. Revenue for the quarter was $484.8 million, which compares to the estimate of $456.06 million.
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