Steel Dynamics (STLD) Tops Q3 EPS by 40c
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Steel Dynamics Reports Third Quarter 2022 Results
October 19, 2022 4:30 PM EDTFORT WAYNE, Ind., October 19, 2022 /PRNewswire/ --
Third Quarter 2022 Performance Highlights:
Record steel shipments of 3.2 million tonsRecord steel fabrication operating income of $677 million and record shipments of 218,000 tonsNet sales of $5.7 billion, operating income of $1.2 billion, and Adjusted EBITDA of $1.3 billionRecord cash flow from operations of $1.5 billionShare repurchases of $482 million of the company's common stock, representing 3.3 percent of its outstanding sharesSteel Dynamics, Inc. (NASDAQ/GS: STLD) today announced third quarter 2022... More
