25.01.2023 22:41:23
|
Steel Dynamics Q4 Profit Decreases, but beats estimates
(RTTNews) - Steel Dynamics (STLD) reported a profit for fourth quarter that decreased from last year but beat the Street estimates.
The company's earnings totaled $634.86 million, or $3.61 per share. This compares with $1.09 billion, or $5.49 per share, in last year's fourth quarter.
Excluding items, Steel Dynamics reported adjusted earnings of $769 million or $4.37 per share for the period.
Analysts on average had expected the company to earn $3.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 9.0% to $4.83 billion from $5.31 billion last year.
Steel Dynamics earnings at a glance (GAAP) :
-Earnings (Q4): $634.86 Mln. vs. $1.09 Bln. last year. -EPS (Q4): $3.61 vs. $5.49 last year. -Analyst Estimates: $3.79 -Revenue (Q4): $4.83 Bln vs. $5.31 Bln last year.
![](https://images.finanzen.at/images/unsortiert/wertpapierdepot-absichern-aktienchart-boerse-750493204-260.jpg)
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Steel Dynamics Inc.mehr Nachrichten
Analysen zu Steel Dynamics Inc.mehr Analysen
Aktien in diesem Artikel
Steel Dynamics Inc. | 126,42 | -0,33% |
|