Steel Dynamics Provides Fourth Quarter 2023 Earnings Guidance
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Steel Dynamics (STLD) shares rally following 'better than expected' Q4 EPS guidance
December 15, 2023 11:52 AM ESTSteel Dynamics (NASDAQ: STLD) shares jumped Friday after the company provided fourth-quarter earnings guidance, stating that steel order activity remains solid, evidenced by extended order lead times and recent pricing increases heading into the first quarter of 2024.
The company sees its earnings for the fourth quarter between $2.60 and $2.64 per share, compared to the company's third-quarter earnings of... More
