Steel Dynamics (STLD) Reports In-Line Q3 EPS

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UBS Reiterates Buy Following Steel Dynamics' (STLD) 2c EPS Beat

October 20, 2015 10:53 AM EDT

UBS reiterated a Buy rating and $22.00 price target on Steel Dynamics (NASDAQ: STLD) following the company's 3Q15 earnings report. STLD reported Q3/15 EPS of $0.25, above consensus of $0.23. Operating income was up 9% QOQ.

Analyst Matt Murphy commented, "The macro overhang... More