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Steel Dynamics Reports 1423% Advance In Q4 Bottom Line

Steel Dynamics (STLD) reported earnings for its fourth quarter that advanced compared to the same period last year.

The company said its bottom line rose to $304.73 million, or $1.28 per share. This was higher than $20.01 million, or $0.08 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 22.5% to $2.34 billion. This was up from $1.91 billion last year.

Steel Dynamics earnings at a glance:

-Earnings (Q4): $304.73 Mln. vs. $20.01 Mln. last year.
-Earnings Growth (Y-o-Y): 1422.9%
-EPS (Q4): $1.28 vs. $0.08 last year.
-EPS Growth (Y-o-Y): 1500%
-Revenue (Q4): $2.34 Bln vs. $1.91 Bln last year.
-Revenue Change (Y-o-Y): 22.5%

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