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

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

Reminder: Steel Dynamics Announces Third Quarter 2015 Earnings Conference Call and Webcast

October 20, 2015 8:00 AM EDT

FORT 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 EDT

FORT 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.   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. 

"The third quarter... More