UBS Reiterates Buy Following Steel Dynamics' (STLD) 2c EPS Beat
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Reminder: Steel Dynamics Announces Third Quarter 2015 Earnings Conference Call and Webcast
October 20, 2015 8:00 AM EDTFORT WAYNE, Ind., Oct. 6, 2015 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends to release third quarter 2015 financial results after market close on Monday, October 19, 2015. The... More
Steel Dynamics Reports Third Quarter 2015 Results
October 19, 2015 6:00 PM EDTFORT WAYNE, Ind., Oct. 19, 2015 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced third quarter 2015 net income of $61 million, or $0.25 per diluted share, on net sales of $2.0 billion. Â Â Comparatively, prior year third quarter net income was $91 million, or $0.38 per diluted share, on net sales of $2.3 billion, and sequential second quarter 2015 net sales were $2.0 billion, with adjusted net income of $53 million, or $0.22 per diluted share, which excluded expenses of $0.09 per diluted share associated with both idling the company's Minnesota operations and planned furnace maintenance at Iron Dynamics.Â
"The third quarter... More
