Latest News by Industry

loading...

Steel Dynamics: Q3 Earnings Snapshot

Steel Dynamics: Q3 Earnings Snapshot

FORT WAYNE, Ind. (AP) — FORT WAYNE, Ind. (AP) — Steel Dynamics Inc. (STLD) on Wednesday reported earnings of $577.2 million in its third quarter.

On a per-share basis, the Fort Wayne, Indiana-based company said it had profit of $3.47.

The steel producer and metals recycler posted revenue of $4.59 billion in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $4.55 billion.

_____