Olympic Steel Reports First-Quarter 2021 Results

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Olympic Steel (ZEUS) Tops Q1 EPS by 68c, Revenues Beat

May 7, 2021 6:32 AM EDT

Olympic Steel (NASDAQ: ZEUS) reported Q1 EPS of $1.97, $0.68 better than the analyst estimate of $1.29. Revenue for the quarter came in at $463.12 million versus the consensus estimate of $442.3 million.

The strong momentum as we closed out 2020 continued in the first quarter of 2021. Favorable market conditions and record-high metals pricing, along with the disciplines we reinforced in 2020 to... More