Steel DynamicsNASDAQ: STLD

FORT WAYNE, Ind., Oct. 30, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) has announced that they have recently become a member of the U.S. Environmental Protection Agency's (EPA) Green Power Partnership (GPP).

Steel Dynamics, Inc. (NASDAQ:STLD) will hold its Q3 2024 Earnings Conference Call on October 17, 2024, at 11:00 AM ET. The call will feature company leaders including David Lipschitz, Mark Millett, Theresa Wagler, and Barry Schneider. Analysts from various financial institutions will also participate in the discussion.

While the revenue and earnings per share (EPS) for Steel Dynamics (STLD) provide insight into its performance for the quarter ending September 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

Steel Dynamics (STLD) reported quarterly earnings of $2.05 per share, which is higher than the Zacks Consensus Estimate of $1.98 per share. In comparison, the company earned $3.47 per share during the same period last year.

FORT WAYNE, Ind., Oct. 16, 2024 /PRNewswire/ -- In the third quarter of 2024, Steel Dynamics, Inc. reported steel shipments of 3.2 million tons, with net sales reaching $4.3 billion. The company achieved an operating income of $395 million and a net income of $318 million, along with an adjusted EBITDA of $557 million. As of September 30, 2024, they had strong liquidity of $3.1 billion and completed share repurchases worth $310 million, which is 1.6 percent of their outstanding shares.

STLD's results for the third quarter probably suffered because their steel operations were less profitable due to falling prices.

In the most recent trading session, Steel Dynamics (STLD) finished at $129.86, which is an increase of 1.09% compared to the previous day.

Instead of just focusing on Wall Street's predictions for Steel Dynamics (STLD), it's important to examine some of its key metrics to better understand how the company might perform in the quarter that ended in September 2024. This will provide a clearer picture of its potential.

At the end of the last trading day, Steel Dynamics (STLD) was priced at $128.22, which represents a 0.53% increase compared to the previous day.