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Steel Dynamics Q1 2024 Earnings Report

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$124.69 -1.14 (-0.91%)
As of 01/21/2025 04:00 PM Eastern

Steel Dynamics EPS Results

Actual EPS
$3.67
Consensus EPS
$3.54
Beat/Miss
Beat by +$0.13
One Year Ago EPS
$4.01

Steel Dynamics Revenue Results

Actual Revenue
$4.69 billion
Expected Revenue
$4.74 billion
Beat/Miss
Missed by -$42.43 million
YoY Revenue Growth
-4.10%

Steel Dynamics Announcement Details

Quarter
Q1 2024
Time
After Market Closes

STLD Upcoming Earnings

Steel Dynamics will be holding an earnings conference call on Thursday, January 23 at 11:00 AM Eastern. Interested parties can register for or listen to the call or dial in at 919-882-2331 using passcode "51844".

Conference Call Resources

Steel Dynamics Earnings Headlines

No day-one tariffs coming from Trump, trade overhaul planned, Reuters reports
A deadly mistake in my prediction…
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
Steel Dynamics price target lowered to $132 from $134 at JPMorgan
Early notable gainers among liquid option names on January 13th
See More Steel Dynamics Headlines
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About Steel Dynamics

Steel Dynamics (NASDAQ:STLD), together with its subsidiaries, operates as a steel producer and metal recycler in the United States. The Steel Operations segment offers hot rolled, cold rolled, and coated steel products; parallel flange beams and channel sections, flat bars, large unequal leg angles, and reinforcing steel bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars; channels, angles, flats, merchant rounds, and reinforcing steel bars; and specialty shapes and light structural steel products. This segment also engages in turning, polishing, straightening, chamfering, precision saw-cutting, and heat treating of bar products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. The Metals Recycling Operations segment is involved in the ferrous and nonferrous scrap metal processing, transportation, marketing, brokerage, and scrap management services. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast-iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. The Steel Fabrication Operations segment produces steel non-residential building components, such as steel joists, girders, trusses, and steel deck products for non-residential steel fabricators, metal building companies, general construction contractors, developers, owners, brokers, and governmental entities, as well as e-commerce warehouses, data centers, metal buildings, and education and commercial building projects. The Aluminum Operations segment offers recycled aluminum flat rolled products. The company also exports its products. Steel Dynamics, Inc. was founded in 1993 and is headquartered in Fort Wayne, Indiana.

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