Steel Dynamics Reports Third Quarter 2016 Results
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Steel Dynamics (STLD) Misses Q3 EPS by 2c
October 19, 2016 6:01 PM EDTSteel Dynamics (NASDAQ: STLD) reported Q3 EPS of $0.65, $0.02 worse than the analyst estimate of $0.67. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.09 billion.
"During the third quarter 2016, positive momentum in flat roll metal spread expansion resulted in improved sequential consolidated operating earnings, which increased 11 percent to $284 million," said Mark D. Millett, President and Chief Executive... More
