Steel Dynamics (STLD) Tops Q1 EPS by 16c

Go back to Steel Dynamics (STLD) Tops Q1 EPS by 16c

Steel Dynamics Reports First Quarter 2024 Results

April 23, 2024 4:30 PM EDT

FORT WAYNE, Ind., April 23, 2024 /PRNewswire/ --

First Quarter 2024 Performance Highlights:

Steel shipments of 3.3 million tonsNet sales of $4.7 billion, operating income of $751 million, net income of $584 million, and adjusted EBITDA of $879 millionCash flow from operations of $355 million, which was reduced by the annual companywide profit-sharing contribution of $265 million in the quarterStrong liquidity of $3.1 billion as of March... More