Olympic Steel, Inc. (ZEUS) Misses Q1 EPS by 8c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. META
2. TSLA
3. IBM
4. TXN
5. MRNA
6. SAP
7. CSX
8. LRCX
9. MRK
10. LVS

Go back to Olympic Steel, Inc. (ZEUS) Misses Q1 EPS by 8c

Olympic Steel Reports 2014 First Quarter Financial Results

April 30, 2014 6:00 AM EDT

CLEVELAND, April 30, 2014 (GLOBE NEWSWIRE) -- Olympic Steel Inc. (Nasdaq: ZEUS), a national metals service center, today announced financial results for the first quarter ended Mar. 31, 2014.

Driven by higher volume, first quarter 2014 net sales climbed 2.6% to $346.9 million, compared with $338.1 million in the prior year first quarter. Net income totaled $2.8 million, or $0.25 per diluted share, compared with net income of $5.2 million, $0.47 per share in the first quarter of 2013. Last year, first-quarter results benefited from a pre-tax out-of-period adjustment to record LIFO income of $1.9 million ($1.2 million, or $0.11 per diluted share, after tax). No LIFO... More