Olympic Steel (ZEUS) Tops Q4 EPS by 8c, Revenues Beat

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Go back to Olympic Steel (ZEUS) Tops Q4 EPS by 8c, Revenues Beat

Olympic Steel Reports Fourth-Quarter and Full-Year 2020 Results

February 25, 2021 6:30 AM EST

Continued operational discipline, combined with improved market conditions, generates stronger profitability in the quarter

Debt declines to a four-year low and loan availability surpasses pre-pandemic levels

CLEVELAND--(BUSINESS WIRE)-- Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three and 12 months ended December 31, 2020.

Fourth-Quarter Results

Net income for the fourth quarter totaled $1.8 million, or $0.16 per diluted share, compared with a net loss of $0.9 million, or $0.08 per diluted share, in the fourth quarter... More