Steel Dynamics (STLD) Misses Q2 EPS by 2c, Revenue Beats
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Steel Dynamics Reports Record Second Quarter 2021 Results
July 19, 2021 4:30 PM EDTFORT WAYNE, Ind., July 19, 2021 /PRNewswire/ --
Second Quarter 2021 Highlights:
Record steel and fabrication shipments of 2.9 million tons and 189,000 tons, respectively Record net sales of $4.5 billion Record operating income of $956 million and record net income of $702 million Record cash flow from operations of $587 million and record adjusted EBITDA of over $1.0 billion Share repurchases of $393 million of the company's common stock, representing 3% of its outstanding shares Announced new $1.0 billion share repurchase authorization Announced greenhouse gas and renewable energy goals, including steel mill carbon neutrality by... More