Macquarie Upgrades Steel Dynamics (STLD) to Outperform

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Go back to Macquarie Upgrades Steel Dynamics (STLD) to Outperform

Steel Dynamics (STLD) Posts Q3 GAAP EPS of 38c

October 21, 2014 6:52 AM EDT

Steel Dynamics (NASDAQ: STLD) reported Q3 EPS of $0.38, which may not compare with the analyst estimate of $0.43. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.14 billion.

Q314 EPS includes the negative impact of approximately $0.09 per diluted share related to acquisition costs, financing fees, and the effect of purchase accounting adjustments for the Severstal... More