Steel Dynamics (STLD) Q2 Guidance Worse than Feared
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Steel Dynamics (STLD) Issues Q2 Warning
June 18, 2013 6:16 AM EDTSteel Dynamics, Inc. (Nasdaq: STLD) provided second quarter earnings guidance in the range of $0.10 to $0.14 per diluted share. Second quarter 2013 estimated results are lower than the $0.21 per diluted share reported for the first quarter 2013 and lower than the $0.20 per diluted share reported for the second quarter 2012.
The Street sees Q2 EPS of $0.23.
Second quarter 2013 overall steel shipments are expected to be... More

