Steel Dynamics (STLD) Tops Q4 EPS by 2c

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Steel Dynamics Reports Fourth Quarter and Full-Year 2015 Results

January 25, 2016 6:30 PM EST

FORT WAYNE, Ind., Jan. 25, 2016 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced fourth quarter and full-year financial results.  Excluding non-cash goodwill and asset impairment charges related to the company's metals recycling operations of $1.13 per diluted share, the company's adjusted fourth quarter 2015 net income was $22 million, or $0.09 per diluted share, on net sales of $1.6 billion.  Including the non-cash impairment charges, the company reported a fourth quarter net loss of $253 million, or $1.04 per diluted share. 

As a part of the company's annual goodwill and... More