Steel Dynamics (STLD) Q2 EPS Guidance Tops Consensus

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Steel Dynamics Provides Second Quarter 2021 Record Earnings Guidance

June 16, 2021 8:00 AM EDT

FORT WAYNE, Ind., June 16, 2021 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided second quarter 2021 earnings guidance in the range of $3.26 to $3.30 per diluted share. Excluding the impact from costs associated with the construction of the company's Sinton Texas Flat Roll Steel Mill growth investment of approximately $23 million, or $0.08 per diluted share, the company expects second quarter 2021 adjusted earnings to be in the range of $3.34 to $3.38 per diluted share, which would represent record quarterly earnings for the company.

Comparatively, the company's sequential first quarter 2021 earnings were $2.03 per diluted share,... More