Steel Dynamics (STLD) Stock

Nucor, ArcelorMittal, and Steel Dynamics are included in the Zacks Industry Outlook report.

Lower steel prices and slow growth in China are affecting the outlook for the Zacks Steel Producers industry. However, NUE, MT, and STLD are in a good position to handle these tough conditions.

Steel Dynamics, Inc. (NASDAQ:STLD) will hold its Q4 2024 Earnings Conference Call on January 23, 2025, 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, but currently, all attendees are in listen-only mode.

STLD thinks that the market situation is favorable for increasing demand in its operational platforms by 2025.

The main figures for Steel Dynamics (STLD) provide an overview of the company's performance for the quarter that ended in December 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.

Steel Dynamics (STLD) reported quarterly earnings of $1.36 per share, which is higher than the Zacks Consensus Estimate of $1.29 per share. In comparison, the earnings were $2.61 per share during the same period last year.

FORT WAYNE, Ind., Jan. 22, 2025 /PRNewswire/ -- In 2024, the company achieved its second highest steel shipments at 12.7 million tons, with net sales reaching $17.5 billion and an operating income of $1.9 billion. The adjusted EBITDA was $2.5 billion, and cash flow from operations stood at $1.8 billion, while liquidity was strong at $2.2 billion by the end of the year. Additionally, the company repurchased $1.2 billion of its common stock, which is six percent of its total shares, and reported a 23 percent after-tax return on invested capital over the three years ending December 31, 2024.

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

Steel Dynamics (STLD) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.