Steel Dynamics Reports Record First Quarter 2021 Results
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Steel Dynamics (STLD) Tops Q1 EPS by 21c, Revenues Beat
April 19, 2021 4:32 PM EDTSteel Dynamics (NASDAQ: STLD) reported Q1 EPS of $2.10, $0.21 better than the analyst estimate of $1.89. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.39 billion.
First quarter 2021 net sales of $3.5 billion and net income of $431 million, or $2.03 per diluted share.Excluding the impact from the following item, the company's first quarter 2021 adjusted net income was $445 million, or $2.10 per diluted share."The team delivered a tremendous first quarter performance, achieving record quarterly net sales, operating income and adjusted EBITDA," said Mark D. Millett, President and Chief Executive Officer. "Our... More
