Advertisement
Steel Dynamics Guides Q2 Earnings Well Above Estimates
(RTTNews) - Steel producer Steel Dynamics Inc. (STLD) on Friday provided its earnings guidance for the second quarter, well above analysts' estimates.
For the second quarter, the company said it expects earnings in a range of $4.78 to $4.82 per share.
On average, six analysts polled by Thomson Reuters expect the company to report earnings of $4.13 per share for the quarter. Analysts' estimates typically exclude special items.
The company projects second-quarter profitability from its steel operations to be significantly stronger than sequential first quarter results, based on significant metal spread expansion across the platform as realized selling values more than offset moderately higher scrap costs.
read more
Steel Dynamics Guides Q1 Profit Well Above Estimates
Steel producer Steel Dynamics Inc. (STLD) on Thursday provided its earnings and adjusted earnings guidance for the first quarter, well above analysts' estimates.
RTTNews
|
vor 898 Tagen
Steel Dynamics Appoints Barry Schneider As President And COO, Effective March 1
Steel Dynamics, Inc. (STLD) announced Thursday that the company's board of directors approved the appointment of Barry Schneider to the newly created position of President and Chief Operating Officer of the company, effective March 1, 2023.
RTTNews
|
vor 932 Tagen
Steel Dynamics Sees Q3 Profit Well Above Estimates
Steel producer Steel Dynamics Inc. (STLD) on Thursday provided its earnings and adjusted earnings guidance for the third quarter, well above analysts' estimates.
RTTNews
|
vor 1079 Tagen
Steel Dynamics To Construct $1.9 Bln State-of-the-Art Low-Carbon Aluminum Flat Rolled Mill
Steel Dynamics, Inc. (STLD) announced Tuesday that its Board of Directors has authorized the company to construct and operate a 650,000-tonne low-carbon, recycled aluminum flat rolled mill, with two supporting satellite recycled aluminum slab centers.
RTTNews
|
vor 1137 Tagen
FTSE 100 Weak Again, Looks Headed For Weekly Loss
U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews
|
vor 25 Minuten
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
RTTNews
|
vor 33 Minuten
French Stocks Mostly Subdued In Cautious Trade
The French market is down in negative territory on Friday with investors digesting a slew of economic data, and look ahead to key consumer inflation report from the U.S.
RTTNews
|
vor 44 Minuten
French Inflation Cools; Economy Expands As Estimated
France's consumer price inflation softened in August on weaker growth in transport costs and the economy logged a faster growth as estimated in the second quarter, official data revealed Friday. Consumer price inflation weakened marginally to 0.9 percent in August from 1.0 percent in July, provisional data from the statistical office INSEE showed.
RTTNews
|
vor 1Std 10 Minuten
