Steel Dynamics (STLD) Declares $0.1375 Quarterly Dividend; 3.3% Yield
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Steel Dynamics (STLD) Guides Q4 EPS Well Below Expectations
December 17, 2015 6:14 AM ESTSteel Dynamics (Nasdaq: STLD) provided fourth quarter 2015 earnings guidance in the range of $0.03 to $0.07 per diluted share, compared to sequential third quarter 2015 earnings of $0.25 per diluted share and prior year fourth quarter adjusted earnings of $0.40 per diluted share, which excluded non-cash fixed asset impairment charges related to the company's Minnesota Operations and certain post-acquisition costs related to the company's Columbus steel mill acquisition.
*** The Street ses Q4 EPS of $0.21..
Despite lower earnings, the company expects to still generate cash flow from operations in excess of $200 million during the fourth quarter 2015,... More
